Implementing Public Law 101-510,
AIR UNIV MAXWELL AFB AL
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Public Law 101-510 eliminated the merged M account and required that all unexpended appropriation balances cancel after a 5-year expired status. As a result, programs must use current appropriations to make payments chargeable against cancelled appropriations. While these changes in fiscal rules imposed needed financial discipline on acquisition programs, improvements in the contracting arena could reduce adverse program impacts. In addition, the current law and its implementation by OSD do not recognize some valid acquisition finding requirements, the lull impact on overall program execution, and prudent financial management actions to avoid Antideficiency Act violations. Improving this situation will require coordinated efforts between the Air Force financial management and contracting communities, as well as interservice initiative support. Recommendations include 1 emphasizing the heightened importance of cost and schedule analysis to reduce the impact of cancelling appropriations, 2 establishing a joint working group and training to address interrelationships between acquisition strategies, contract structures, and financial impacts, and 3 working with Navy and Army personnel to establish and defend joint positions on commitments in expired appropriations and possible exceptions to Public Law 101-510.
- Administration and Management