An Assessment of Air Force Data on Contract Expenditures

An Assessment of Air Force Data on Contract Expenditures

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For the past several years, the U.S. Air Force has been using data from the Individual Contracting Action Report form, also known as the DD350, to analyze its goods and services expenditures. For this study, the authors collected data from Air Force contracting officers on a sample of fiscal year 2002 (FY02) DD350 records to assess the adequacy and accuracy of DD350 data for conducting expenditure analyses. The authors then extrapolated their findings from the sample to reflect all Air Force FY02 DD350 contract actions.