Defense Acquisitions: Termination Costs are Generally Not a Compelling Reason to Continue Programs or Contracts That Otherwise Warrant Ending

Defense Acquisitions: Termination Costs are Generally Not a Compelling Reason to Continue Programs or Contracts That Otherwise Warrant Ending PDF Author:
Publisher: DIANE Publishing
ISBN: 1437903355
Category :
Languages : en
Pages : 39

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Book Description
The nation's long-term fiscal imbalances will likely make DOD's 1.6 trillion planned investment in new weapon systems unsustainable. Thus, it is critical that DOD retains the flexibility to end programs and contracts when necessary and appropriate. Although the federal government generally has the legal right to terminate contracts for convenience, defense stakeholders have sometimes expressed concerns that it will cost more to terminate a contract than to complete it. To address this perception, GAO examined (1) how expected contract termination costs and other factors affect DOD decisions on whether to end programs and contracts; (2) the circumstances under which it would cost more to terminate a contract for convenience than to complete it; and (3) the options DOD has for retaining value or reducing costs, when DOD ends programs or contracts. To do this, GAO examined DOD data on terminated contracts over $100 million; reviewed laws, regulations, and guidance; and met with key DOD officials. GAO recommends that DOD review, and as needed amend, guidance on terminations across the military services and DOD agencies to ensure that termination guidance identifies the conditions under which it is appropriate to end programs or contracts, and provides knowledge needed to use terminations as an investment portfolio tool. DOD agreed.

Defense Acquisitions: Termination Costs are Generally Not a Compelling Reason to Continue Programs or Contracts That Otherwise Warrant Ending

Defense Acquisitions: Termination Costs are Generally Not a Compelling Reason to Continue Programs or Contracts That Otherwise Warrant Ending PDF Author:
Publisher: DIANE Publishing
ISBN: 1437903355
Category :
Languages : en
Pages : 39

Get Book Here

Book Description
The nation's long-term fiscal imbalances will likely make DOD's 1.6 trillion planned investment in new weapon systems unsustainable. Thus, it is critical that DOD retains the flexibility to end programs and contracts when necessary and appropriate. Although the federal government generally has the legal right to terminate contracts for convenience, defense stakeholders have sometimes expressed concerns that it will cost more to terminate a contract than to complete it. To address this perception, GAO examined (1) how expected contract termination costs and other factors affect DOD decisions on whether to end programs and contracts; (2) the circumstances under which it would cost more to terminate a contract for convenience than to complete it; and (3) the options DOD has for retaining value or reducing costs, when DOD ends programs or contracts. To do this, GAO examined DOD data on terminated contracts over $100 million; reviewed laws, regulations, and guidance; and met with key DOD officials. GAO recommends that DOD review, and as needed amend, guidance on terminations across the military services and DOD agencies to ensure that termination guidance identifies the conditions under which it is appropriate to end programs or contracts, and provides knowledge needed to use terminations as an investment portfolio tool. DOD agreed.

Defense Acquisitions

Defense Acquisitions PDF Author: United States Government Account Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781983875939
Category :
Languages : en
Pages : 40

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Book Description
Defense Acquisitions: Termination Costs Are Generally Not a Compelling Reason to Continue Programs or Contracts That Otherwise Warrant Ending

Setting New Courses for Polar Weather Satellites and Earth Observations

Setting New Courses for Polar Weather Satellites and Earth Observations PDF Author: United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Investigations and Oversight
Publisher:
ISBN:
Category : Science
Languages : en
Pages : 184

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FutureGen and the Department of Energy's Advanced Coal Programs

FutureGen and the Department of Energy's Advanced Coal Programs PDF Author: United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Energy and Environment
Publisher:
ISBN:
Category : Science
Languages : en
Pages : 160

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Twenty-five Years of Acquisition Reform

Twenty-five Years of Acquisition Reform PDF Author: United States. Congress. House. Committee on Armed Services
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 168

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Committee on Appropriations House of Representatives, January 2, 2009, 110-2 House Report 110-932, *

Committee on Appropriations House of Representatives, January 2, 2009, 110-2 House Report 110-932, * PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

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Clean Coal

Clean Coal PDF Author: Mark Gaffigan
Publisher: DIANE Publishing
ISBN: 1437914276
Category : Technology & Engineering
Languages : en
Pages : 53

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Book Description
Coal-fired power plants generate about 1/2 of the nation's electricity and about 1/3 of its carbon dioxide (CO2) emissions, which contribute to climate change. In 2003, the DoE initiated FutureGen -- a commercial-scale, coal-fired power plant to incorporate integrated gasification combined cycle, an advanced generating technology, with carbon capture and storage. DoE's cost share was 74%, and industry partners agreed to fund the rest. Concerned about escalating costs, DoE restructured FutureGen. This report examines: (1) the original and restructured programs' goals; (2) similarities and differences between the new FutureGen and other DoE CCS programs; and (3) if the restructuring decision was based on sufficient info. Illus.

Model Rules of Professional Conduct

Model Rules of Professional Conduct PDF Author: American Bar Association. House of Delegates
Publisher: American Bar Association
ISBN: 9781590318737
Category : Law
Languages : en
Pages : 216

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Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Standards of Ethical Conduct for Employees of the Executive Branch

Standards of Ethical Conduct for Employees of the Executive Branch PDF Author: United States. Office of Government Ethics
Publisher:
ISBN:
Category : Civil service ethics
Languages : en
Pages : 0

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Basic Guide to the National Labor Relations Act

Basic Guide to the National Labor Relations Act PDF Author: United States. National Labor Relations Board. Office of the General Counsel
Publisher: U.S. Government Printing Office
ISBN:
Category : Law
Languages : en
Pages : 68

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Book Description