What is a budget exhibit?
Budget Exhibits are prepared by the DoD Components to support requests for appropriations from Congress and help justify the President’s Budget.
What can procurement funds be used for?
Procurement funding is used for the acquisition of production articles, including procurement and production direct support costs such as production testing, quality assurance, and production engineering, equipment assembly whether performed under contract or in-house when required to produce and deliver a usable end- …
What are P and R forms?
P-Form: Procurement. R-Form: Research, Development, Test, and Evaluation (RDT&E) O-Form: Operations and Maintenance. M-Form: Military Personnel.
What is the purpose of the Financial Management Regulation 7000.14 R?
DoD Instruction 7000.14-R, “Department of Defense Financial Management Regulations (FMRs),” is the DoD-wide regulation that guides financial management for accounting, budgeting, financing, and financial management education and training.
Which of the following is displayed in the R 1 budget exhibit?
The R-1 shows budget information for three or four years: the budget year(s) and the two years that precede the budget year(s). The R-2 exhibit provides summary funding information, program description, and budget justification for each RDT&E program element.
What is fund procurement?
Procurement appropriations are used to finance non-construction-related investment items. This includes: – Equipment items not subject to centralized item management and asset control whose system unit cost meets or exceeds the Expense/Investment Threshold (currently $250,000).
Who provides DoD with budget authority?
DoD reimbursable authority is authorized by the Office of the Under Secretary of Defense (Comptroller) (OUSD(C)), through budget formulation and statutory authorization of the budget in accordance with Title 10, United States Code, section 2205 (10 U.S.C.
What is the budget of the US Navy?
The Department of Navy’s total budget request for FY 2023 is $230.8 billion, with $180.5 billion for the Navy and $50.3 billion for the Marine Corps. The Navy is asking for $53.35 billion in procurement funding for an increase of 5.4% over FY 2023.
What are the cost categories on the p 25 exhibit?
The cost categories on the P -25 exhibit represent a number of elements and the list should be tailored to adequately depict the production facility project cost. This exhibit is to be submitted only when funding for production support and facilities is part of the current year budget or requested for the budget year.
What is the purpose of exhibit p-5a?
4-33 Instructions – Exhibit P-5a, Procurement History & Planning 1. Purpose. This exhibit provides detailed information on the P-5 entries regarding all prior years having contracts with undelivered assets, current year (CY) and budget year (BY).
Which budget exhibits should be prepared for my program?
All applicable budget exhibits will be prepared for those programs with a budget year (BY) funding value of $5 million or greater. Fornon- Major Defense Acquisition Programs (MDAPs)/Major Automated Information Systems (MAIS) programs with a funding BY value less than $5 million, only the P-40 exhibit is required.
What is the purpose of exhibit P-5 cost analysis?
Instructions – Exhibit P-5, Cost Analysis Purpose. The purpose of this exhibit is to provide detailed cost information in support of Exhibit P-1 line items consistent with the appropriate work breakdown structure (WBS) elements for the program.