Nunn-McCurdy Act: Background, Analysis, and Issues for Congress

· DIANE Publishing
Ebook
29
Pages

About this ebook

On Sept. 8, 1982, Pres. Ronald Reagan signed into law the DoD Authorization Act which included what has come to be known as the Nunn-McCurdy (NM) Act. The NM Act requires DoD to report to Congress whenever a major defense acquisition program experiences cost overruns that exceed certain thresholds. Contents of this report: (1) Intro.; (2) Background: What is a NM Breach?: NM Thresholds; NM Timelines; Conseq. of a Critical NM Breach; Effectiveness of the NM Act: NM as a Reporting Mechanism; NM as a Mechanism for Controlling Cost Growth; (3) Issues for Congress: NM as a Reporting and Mgmt. Tool; Shortening the NM Timeline; Managing Admin. Breaches; Applying NM-Type Reporting Requirements to O&S Costs. Illus.
On Sept. 8, 1982, Pres. Ronald Reagan signed into law the DoD Authorization Act which included what has come to be known as the Nunn-McCurdy (NM) Act. The NM Act requires DoD to report to Congress whenever a major defense acquisition program experiences cost overruns that exceed certain threshold...

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