Report of the Pricing Subcommittee on DoD Cost Estimating Techniques,
ASSISTANT SECRETARY OF DEFENSE (INSTALLATIONS AND LOGISTICS) WASHINGTON D C
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A review is reported of the cost estimating techniques and capabilities that currently exist in the military departments. A major portion of this review consisted of visits to several subordinate commands of the Services materiel commands to observe how cost estimating and pricing is being performed on major weapon system programs. Estimates are discussed for three major purposes planning, budget preparation, and contract pricing. These estimates were usually separate and distinct and little effort was made to compare them.
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