Financing Nonappropriated Fund Naf Major Construction

Download or read book Financing Nonappropriated Fund (NAF) Major Construction written by Richard Rast and published by . This book was released on 1985 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study was to define alternate means of funding nonappropriated fund major construction (NAF-MC) projects that would involve long term private sector financing. Much of the physical plant which supports Army Morale, Welfare, and Recreation (MWR) activities is obsolete and the Army currently maintains a backlog of construction requirements with a value in excess of $1 billion. The alternative financing strategies developed under this study are envisioned as a means of reducing the backlog more quickly than NAF funding combined with traditional design and construction techniques would allow. A secondary objective of the study was to define areas where private sector participation can encourage the introduction of new MWR operating concepts which may improve quality of service to the soldier and increase NAF operating revenues thus allowing other activities to be developed. Keywords: Active Army; Community and Family Support; Financial Management; Cost; Morale; Quality of Life.