Table 10 NET VALUE OF MILITARY PROCUREMENT ACTIONS UNDER FORMALLY ADVERTISED AND OTHER CONTRACTS / b/ Includes contracts negotiated by authority of 10 U.S.C. 2304(a) and modifications made pursuant to the provisions of negotiated contracts, for which statutory negotiation authority is not required or used. All actions of less than $10,000, and actions of $10,000 or more offered to all business. 26 Table 11 NET VALUE OF MILITARY PROCUREMENT ACTIONS UNDER FORMALLY ADVERTISED AND OTHER CONTRACTS / (Amounts in Millions) Fiscal Years 1951 1959 27 NOTES ON COVERAGE more. MILITARY PRIME CONTRACT AWARDS Coverage. This report includes prime contracts executed by the military departments and procurement agencies of the Department of Defense, to obtain military supplies, services, or construction. All new prime contracts are included, regardless of the amount; debit or credit changes in contracts are included only if they involve $10,000 or The reports submitted by the departments as of the dates specified in this report are intended to include all contracts and amending actions executed up to that date, insofar as practicable. In practice, there is some lag in contract reporting, and some contracts may be unavoidably omitted from the statistical reports for the month in which they were approved. Prime Contracts are defined as contractual instruments which obligate funds to obtain supplies, services, or construction. (An amendment to a prime contract may deobligate funds.) New or superseding definitive contracts, purchase orders, and the funded portion of preliminary contractual instruments such as letters of intent and letter contracts are included in this report. Contracts which do not obligate a firm total dollar amount, or do not specify a fixed quantity, such as open-end, indefinite quantity, or term contracts, are not included in this report. However, job orders, task orders, delivery orders, or any other orders against such contracts are included. Procurement Action as used in this report refers to an action which officially awards, amends, or otherwise offically changes a prime contract. A procurement action thus may be a new prime contract, or a debit or credit change in a contract, such as an amendment, supplemental agreement change order, cancellation, or termination that changes the total amount of funds obligated. Intra-governmental Purchases include (a) Inter-departmental Purchases, made from or through agencies of government other than the Department of Defense, and (b) Interservice Purchases, which are orders placed by one military technical service, bureau or command, against open-end or indefinite quantity contracts executed by other military technical services, bureaus or commands or by a joint pur are chasing agency. (Requisitions or other means of transfering supplies within or between military departments not included in this report, because they do not increase or decrease the total obligations of the Department of Defense.) of Net Value refers to the net change in the amount obligations resulting from debit and credit procurement actions recorded during the period. Debit procurement actions are all new contracts plus contract changes that increase the amount of obligations by $10,000 or more. Credit procurement actions are contract modifications that decrease the amount of obligations by $10,000 or more. Location of Work. The location of work is the place where the item is to be manufactured, assembled or otherwise supplied by the prime contractors, the place where the service is to be performed, or the site where the construc tion is to take place. Reports from the three military departments for Fiscal Year 1954 and subsequent years provide information as to contracts under which the work is to be performed (1) within the United States, including its territories and possessions and the Commonwealth of Puerto Rico, and (2) outside the United States as so defined. ་ The data on location of work for periods prior to Fiscal Year 1954 are not precisely comparable. Available reports for Fiscal Year 1953 include data on contracts awarded by procurement offices located in the Continental United States, for work to be done within Continental United States. These data for Fiscal Year 1953 therefore differ from those for Fiscal Year 1954 and subsequent years in that they exclude data on awards for work to be done in the territories and possessions, and the Commonwealth of Puerto Rico from the United States figures. For Fiscal Years 1951 and 1952, the available reports for the Department of Defense as a whole provide information on contracts awarded by procurement offices located in the Continental United States. While most of those con 28 tracts are for work to be done in the United States includ- Business Firms. Included in the data on awards to persons. construction Educational and Non-Profit Institutions. Data for Definition of Small Business Potential. The small sumed that all actions of less than $10,000 also are in The Ratio of Small Business to Totel. The ratio of large heavy certain the Comparison with Fiscal Reports. There are that Office of the Secretary of Defense 15 January 1960 |