Financial Status of Major Acquisitions June 30, 1975: Report to the Congress

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General Accounting Office, 1976 - 85 pages
 

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Page 1 - Quantity changes — interchangeable with scope changes. 2. Engineering changes — an alteration in the established physical or functional characteristics of a system. 3. Support changes — involving spare parts, ancillary equipment, warranty provisions, and Governmentfurnished property and/or equipment. 4. Schedule changes — adjustments in the delivery schedule, completion date, or some intermediate milestone of development, production, or construction. 5. Economic changes — influence of one...
Page 1 - ... Departments and Defense Agencies (referred to as DOD Components) . 213.2 Application. This part applies to major programs, so designated by the Secretary of Defense/Deputy Secretary of Defense (referred to as SecDef). This designation shall consider (a) Dollar value (programs which have an estimated RDT&E cost in excess of $50 million, or an estimated production cost in excess of $200 million) ; (b) National urgency; (c) Recommendations by DOD Component Heads or Office of Secretary of Defense...
Page 71 - These cost changes represent total change for each system from the time a development estimate is established — generally the time a development contract is awarded for a system — through the current estimate, or the date of SAR — in this case June 30, 197**.
Page 3 - Cost growth in major weapon systems results from such things as unanticipated development difficulties, faulty planning, poor management, bad estimating, or underestimating. However, not all cost growth can reasonably be prevented. For instance, unusual periods of inflation may result in cost growth. Changes in technology may make it possible to incorporate modifications that result in an overall increase in the system's effectiveness. Such cost growth cannot always be anticipated, particularly when...
Page 4 - Federal Aviation Administration Federal Highway Administration US Coast Guard Urban Mass Transportation Administration...
Page 70 - Type of change Total quantity increase— net Other changes: Engineering Support Schedule Economic Estimating Sundry...

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