DOD: FY 2016 Annual Report on Cost Assessment Activities

DOD: FY 2016 Annual Report on Cost Assessment Activities

The estimated cost of this report for the Department of Defense is approximately $70,000 in Fiscal Years 2016-2017. This includes $65,000 in expenses and $5,000 in DoD labor.

President Obama signed the Weapon Systems Acquisition Reform Act (WSARA) of 2009, Public Law 111-23, into law to reform the defense acquisition processes and to bring cost growth under control. To accomplish this, WSARA established the position of Director of Cost Assessment and Program Evaluation (CAPE) in the Office of the Secretary of Defense (OSD). The Director is responsible for ensuring the Department's cost estimation and cost analysis processes provide accurate information and realistic estimates of cost for the major acquisition programs. Since the enactment of this landmark legislation, CAPE has worked with the military department cost agencies and other organizations throughout the Department of Defense (DoD) cost community to strengthen cost estimation, ultimately reducing risk in acquisition programs.

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