Accession Number : ADA132463
Title : Status of Major Acquisitions as of September 30, 1982.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
PDF Url : ADA132463
Report Date : 07 Sep 1983
Pagination or Media Count : 160
Abstract : As of September 30, 1982, federal agencies estimated cost of 444 civil and defense major acquisitions was more than $842 billion. This included cost growth of more than $460 billion over the initial estimates for these acquisitions. The initial estimate is the estimate contained in the budget justification on which the Congress bases its original funding of an acquisition. Quantity increase and inflation were the major reasons for cost growth in the Department of Defense acquisitions. Inflation was the major reason for the cost growth in civil acquisitions. In addition to providing total cost of growth information, this report provides information on the number of individual acquisitions that, when compared to initial estimates, experienced schedule slippages, quantity variances, and unit cost increases.
Descriptors : *GOVERNMENT PROCUREMENT, *COST ESTIMATES, ACQUISITION, COSTS, FEDERAL BUDGETS, QUANTITY, INFLATION(ECONOMICS), ALLOCATIONS, SCHEDULING, GROWTH(GENERAL), ACCOUNTING, DEPARTMENT OF DEFENSE, CIVILIAN PERSONNEL, TABLES(DATA)
Subject Categories : Administration and Management
Government and Political Science
Distribution Statement : APPROVED FOR PUBLIC RELEASE