FINANCIAL MANAGEMENT POLICY MANUAL

g. Economy Act orders will be issued to MSC in fully funded fiscal
year amounts when ordering from and issuing from the NDSF and
finalized as of the end of the fiscal year. In addition to the descriptions
entered on blocks 1 to 12, 15 and 16, all orders originating with
Department of the Navy funding will be fixed price Economy Act
orders and so designated in block 13 of the Order for Work and
Services (NAVCOMPT Form 2275). The basis of the fixed price will
be a negotiation between MSC and the customer to perform the job for
a mutually agreed price. On the Description of Work to be Performed,
block 14, of the NAVCOMPT Form 2275, or equivalent form, a
specific, definite, and certain description of the work or service is to be
entered for each line of accounting classification data. Originators of
Economy Act orders in support of functions external to the Navy and
citing non-Navy appropriations are encouraged to issue orders on a
fixed price basis at the agreed price between MSC and the customer.
h. NDRF/RRF. The CNO (N09BF) orders work and services
associated with this program from MARAD on an Economy Act order.
i. The budget execution status of the NDSF will be reported on the
Appropriation Status by Fiscal Year Program and Subaccounts (DD-
COMP(M) 1002) and the Report of Budget Execution (SF 133).
5. CNO (09BF) BUDGET SUBMITTING RESPONSIBILITIES.
a. Prepare and submit NDSF budgets for the:
(1) operating budget related to administration, operation,
maintenance, overhaul and mobilization exercises. Examples of
required exhibits are the Sealift Operating Budget and the Changes
in the Costs of Sealift Operations;
(2) capital budget for ship construction, conversion, acquisition,
modernization, research and development, equipment and
construction of facilities. Examples of required exhibits are the
National Defense Sealift Capital Budget Summary and the
National Defense Sealift Capital Budget Item Justification. These
exhibits shall be prepared and submitted in coordination with
COMNAVSEASYSCOM.
Narrative justification material and supporting budget exhibits are
specified in the DON Budget Guidance Manual.
6. NDSF RESOURCE/REQUIREMENTS OFFICE (N42) RESPONSIBILITIES.
a. Develop and prepare performance measurement metrics for the
sealift functions relating to collecting data, computing performance
measures, comparing with a baseline, and analyzing alternatives.
b. Serve as the resource sponsor for DoN sealift programs. This
Financial Management Policy
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