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What is o& m money?

What is o& m money?

Operation & Maintenance (O&M) Appropriations funds the cost of operating and maintaining equipment at a state of readiness. It covers expenses such as civilian salaries, travel, minor construction projects, operating military forces, training and education, depot maintenance, stock funds, and base operations support.

What is om& n in the navy?

Operation and Maintenance (O&M) appropriations are used to finance “expenses” not related to military personnel or Research, Development, Test, and Evaluation (RDT&E) efforts.

What is performance based Logistics dau?

Performance Based Life Cycle Product Support (also referred to as Performance Based Logistics or PBL) is an outcome based product support strategy that plans and delivers an integrated, affordable performance solution that optimizes weapon system readiness.

What is the role of performance based logistics?

Performance-based logistics contracts are utilized when analysis indicates they can effectively reduce cost and improve performance. Performance-based logistics contracts will be structured to specific program needs and may evolve throughout the life cycle.

What is Omn Navy?

For example, the Operation and Maintenance, Navy (OMN), appropriation account contains operation and maintenance funding primarily for the Navy, while the Operation and Maintenance, Marine Corps (OMMC), appropriation account contains operation and maintenance funding for the Marine Corps.

How does the Navy Working Capital Fund work?

The funding of the NWCF is based on a revolving-fund concept of operations, under which the NWCF activities received their initial working capital through an appropriation or through a transfer of resources from existing appropriations of funds and used those resources to finance the initial cost of products and …

What is life cycle logistics?

Life cycle logistics is the planning, improvement, application and management of the best strategies that cover a system’s entire life cycle. The use of logistics is intended to be applied to all stages of an organization, including the acquisition, sustainment and disposal of various systems.

What is a PBL contract?

Summary. Performance-Based Logistics (PBL) contracts provide services or sup- port where the provider is held to customer-oriented performance requirements. These contracts are not necessarily designed to save money, but rather to maintain or improve current system or platform performance in a cost constrained world.

Which of the following are key elements of performance based logistics?

Two key elements, regardless of contract type but especially valuable on performance-based logistics are: strategic analysis and planning, a predictive capability to improve forecasting and long-term planning across the portfolio, and operational excellence, performance-focused behaviors at all levels of the enterprise …

How long are OMA funds good for?

O&M and MILPERS appropriations have a one year current period; RDT&E appropriations have a two year current period; Procurement appropriations have a three year current period (Procurement for Navy Shipbuilding/Conversion has a five year current period), and MILCON appropriations have a five year current period.

Does the Navy fund the Marines?

Department of the Navy, and thus includes funding for both the Navy and Marine Corps. People who work with the DON budget sometimes refer to “blue dollars,” meaning funding in the DON budget for the Navy, and “green dollars,” meaning funding in the DON budget for the Marine Corps.

Do working capital funds expire?

They generally operate without fiscal year limitations (i.e., funds in a DWCF account do not expire); facilitate the aggregation of orders, allowing DOD to leverage its purchasing power; and allow for the establishment of inventories that can reduce delivery times.