Multiyear Procurement (Myp) and Block Buy Contracting in Defense Acquisition - Background and Issues for Congress
by Congressional Research Service (9781508708780)

Multiyear Procurement (Myp) and Block Buy Contracting in Defense Acquisition - Background and Issues for Congress
 
Congressional Research Service
Format: Paperback / softback
Pages: 32
Category: International Relations
Publisher: Createspace
ISBN: 9781508708780
ISBN-10: 1508708789



Multiyear procurement (MYP) and block buy contracting (BBC) are special contracting mechanisms that Congress permits the Department of Defense (DOD) to use for a limited number of defense acquisition programs. Compared to the standard or default approach of annual contracting, MYP and BBC have the potential for reducing weapon procurement costs by several percent.

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