ABSTRACT

End-Year DOD Contract Spending [November 17, 2017]   [open pdf - 296KB]

"The Department of Defense (DOD) obligates approximately $300 billion annually on defense acquisitions. These funds, drawn primarily from more than 100 distinct DOD appropriations accounts, can be divided into six major categories (or six 'colors of money'): Operation and Maintenance (O&M); Research, Development, Test, and Evaluation (RDT&E); Procurement; Shipbuilding and Conversion; Military Construction (MilCon); and Military Personnel (MilPers). Funds from these accounts generally must be obligated within specific time periods [...]. When an obligation period ends, unobligated funds generally expire. DOD has a further five years to liquidate (spend) or reprogram already obligated funds."

Report Number:
CRS In Focus, IF10365
Author:
Publisher:
Date:
2017-11-17
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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