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.
Date: March 21, 2012
Creator: O'Rourke, Ronald & Schwartz, Moshe
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Partner: UNT Libraries Government Documents Department