Financial Management: Seven DOD Initiatives That Affect the Contract Payment Process

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

1865 new people
34 new organizations
622 new photos
1247 job history records for people in our database
518 education records for people in our database
2209 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
198 new policy reports
12 new trips to our privately funded travel database
921 new personal financial disclosures
27459 new press releases
30 new town halls

Caught Our Eye Rss

GOP is center stage and talk of the town halls

by Sean McGlinn on 12/20/2024
Congressional trips highlight coastal charm

by Sean McGlinn on 12/18/2024
House female staffers poised to widen historic wage gap

by Caleb Mynatt on 12/16/2024
Landing on the Hill after a mission with NASA

by Sean McGlinn on 12/13/2024
Incoming House Republican recruits new comms director

by Sean McGlinn on 12/11/2024

» More from Caught Our Eye

Follow @LegiStorm

LegiStorm adds House Q2 salaries and expenses

2024-09-05
Latest Senate salary and expense records published

2024-06-10
LegiStorm adds House Q1 salaries and expenses

2024-06-05
LegiStorm adds Q4 salary analytics and turnover data

2024-03-14

» More from our DevBlog

Spartz to boycott committees, GOP caucus

by Indiana Capital Chronicle on 12/17/2024
New jobs that caught our eye

by Axios on 12/06/2024
LegiStorm rebuffs Wohl and Burkman’s AI lobbying software

by Politico on 11/26/2024

Premium Download PDF Now (34 pages)

Report Type	Reports and Testimonies
Report Date	Jan. 30, 1998
Report No.	AIMD-98-40
Subject	Accounting procedures Contractor payments Department of Defense contractors Electronic data interchange Electronic forms Federal agency accounting systems Federal agency reorganization Financial management Internal controls Private sector practices DFAS Mechanization of Contract Administration Services System DOD Defense Procurement Payment System DOD Standard Procurement System

Summary:

This report provides information on seven technological initiatives that the Defense Department (DOD) has identified as central to its efforts to improve the contract payment process. DOD has long recognized weaknesses in its contract payment process and has hundreds of initiatives under way to overcome them. In his November 1997 Defense Reform Initiative Report, the Secretary of Defense indicated that DOD must adopt and adapt the lessons of the private sector if America's armed forces are to maintain their competitive edge in the rapidly changing global security arena. The Secretary announced that all aspects of the contracting process for major weapons systems must be paper free by January 1, 2000. The seven technology initiatives described in this report are intended, in part, to help meet this goal.

« Return to search Government Accountability Office reports

Weekly Updates

Caught Our Eye Rss

Social Media

DevBlog Rss

In the News

Financial Management: Seven DOD Initiatives That Affect the Contract Payment Process