This jointly signed memo from Mr. Frank Kendall, USD(AT&L) and Mr. Robert F. Hale, USD(C) addresses the management of unobligated funds within the DoD. In keeping with the acquisition community focus on Better Buying Power, DoD seeks to manage funds in a manner that maximizes value to both the Department and the taxpayer.
This memo explains the need for effective acquisition practices and sufficient resource distribution for DoD priorities while acknowledging the risks of obligation benchmarks. The memo sets forth six tenets suggested for adoption by all levels of the chain of command, as well as acquisition and financial managers throughout DoD.