Closing Overage Contracts Prior to Fielding a New DoD Contractor Payment System

Abstract

DoD plans to transition from its present contract payment system, the Mechanization of Contract Administration Services (MOCAS) system, to a new payment system, the Defense Procurement Payment System, by October 2002. As of the end of April 2001, there were about 324,000 contracts valued at $844 billion administered using MOCAS. Of those contracts, 116,563 were open in MOCAS but eligible for closure (that is, work was completed because goods and services were delivered and accepted). The Federal Acquisition Regulation permits contracts to be eligible for closure from 6 to 36 months after work is completed, depending on the type of contract, before categorizing them as overage. Of the contracts eligible for closure in MOCAS, at the end of March 2001, DoD classified 22,628 as overage (that is, beyond the maximum time allotted to close a contract). The contracts became overage over a period of 20 years, between March 1981 and March 2001.

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Document Details

Document Type
Technical Report
Publication Date
Dec 19, 2001
Accession Number
ADA397528

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Business Administration
  • Contract Administration
  • Contractors
  • Contracts
  • Control Systems
  • Department Of Defense
  • Finance
  • Financial Management
  • Geographic Regions
  • Governments
  • Management Personnel
  • Navy
  • Procurement
  • Standards

Readers

  • Government Contracting/Procurement.