USACE Finance Center History

The UFC evolved through the Defense Management Review Directive (DMRD) 910 mandate in December 1991 to capitalize Department of Defense (DoD) operating finance & accounting operations by Defense Finance & Accounting Service (DFAS). In November 1992, a joint USACE/DFAS study concluded that USACE should be allowed to complete the development and deployment of CEFMS and consolidate operating finance & accounting functions into one location. DFAS would reconsider capitalization six months after the last USACE activity was capitalized into the central location. In June 1995, the HQ USACE operating F&A functions located in Huntsville, AL. was transferred to the UFC. In July 1996, all UFC personnel located in Huntsville, AL and Washington, D.C. with the exception of the CEFMS Development Team, were relocated to the Naval Support Activity Mid-South location.

The UFC was officially established by permanent orders, signed by the Chief of Engineers, on 6 September 1996 to reduce the cost and improve the overall quality of USACE financial management.

Consolidation of USACE activities began on 1 December 1996. The UFC completed consolidation of all CONUS F&A activities on 1 August 1999. Later in 1999, through the direction of the Assistant Secretary of Army, Financial Management and Comptroller’s Office (ASA FM&C), DFAS completed an economic analysis/business case on further capitalization of the UFC. Although the analysis showed no adverse impact on the UFC, there were no additional savings to be garnered by DoD. The Deputy Secretary of Defense notified Congress that DFAS would suspend capitalization efforts of the UFC.

Consolidation of the Transatlantic Program Center (TAC) and the Europe District on 1 April 2002 expanded our operating finance and accounting services to USACE OCONUS activities and foreign currency disbursements.

Consolidation of the Pacific Ocean Division (Hawaii), Japan District, and Far East (Korea) District was completed on 1 April 2003