Nunn-McCurdy Act: Background, Analysis, and Issues for Congress
- ISBN-10
- 1437935923
- ISBN-13
- 9781437935929
- Pages
- 29
- Language
- English
- Published
- 2010-11
- Publisher
- DIANE Publishing
- Author
- Moshe Schwartz
Description
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.
