Discussions about reforming acquisition at the Defense Department overlook an important cost-cutting measure — multi-year procurement (MYP) contracts, according to a former Defense employee.
John Young, former undersecretary of defense for acquisition, technology and logistics, spoke with In Depth about the current under-use of MYP contracts at DoD.
The main reason: DoD must request MYP contracts on a program-by-program basis, a slow process that requires review by four committees.
“Congress has made MYP even harder by insisting on savings of 10 percent or more on such contracts. The result of these policies is fewer MYP contracts and wasted tax dollars,” Young wrote in Federal Times.