Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition: Background and Issues for Congress

Description:

This report provides background information and issues for Congress on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms. Congress permits the Department of Defense (DOD) to use these options 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.

Creator(s):
Location(s): United States
Creation Date: June 27, 2012
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 25
Past 30 days: 3
Yesterday: 1
Creator (Author):
O'Rourke, Ronald

Specialist in Naval Affairs

Creator (Author):
Schwartz, Moshe

Specialist in Defense Acquisition

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 27, 2012
Coverage:
Place
United States
Description:

This report provides background information and issues for Congress on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms. Congress permits the Department of Defense (DOD) to use these options 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.

Physical Description:

23 pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text