Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition
Author | : Ronald O'Rourke |
Publisher | : DIANE Publishing |
Total Pages | : 23 |
Release | : 2012-10-25 |
ISBN-10 | : 9781437989465 |
ISBN-13 | : 1437989462 |
Rating | : 4/5 (462 Downloads) |
Download or read book Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition written by Ronald O'Rourke and published by DIANE Publishing. This book was released on 2012-10-25 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides background information and issues for Congress on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms that Congress permits the Department of Defense (DOD) to use for a limited number of defense acquisition programs. Compared to the standard or default approach of annual contracting, MYP and BBC have the potential for reducing weapon procurement costs by several percent.