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Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition : Background and Issues for Congress

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Summary

This report is one in a series of updates. For the most recent coverage of this report series, please see 13-R4-1909d in the 2013 issue. Provides background information on multiyear procurement (MY...

This report is one in a series of updates. For the most recent coverage of this report series, please see 13-R4-1909d in the 2013 issue.

Provides background information on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms that Congress permits DOD to use for a limited number of defense acquisition programs. Examines contracting approaches of MYP and BBC and how they compare to annual contracting. Addresses issues for Congress, FY2015 budget proposals impact on existing MYP and BBC contracts, and legislative activity for FY2015.

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