What is the difference between an FMS and DCS contract?
FMS uses the total package approach to its contracts. This means that an FMS buy for a major system includes training, spare parts, and other support needed to sustain a system through its first few years. DCS contracts may or may not include this in the initial pricing.
What is included in an FMS buy?
This means that an FMS buy for a major system includes training, spare parts, and other support needed to sustain a system through its first few years. DCS contracts may or may not include this in the initial pricing.
What are the limitations for major contractors on FMS contracts?
(c) The limitations for major contractors on independent research and development and bid and proposal (IR&D/B&P) costs for projects that are of potential interest to DoD, in 231.205-18 (c) (iii), do not apply to FMS contracts, except as provided in 225.7303-5.
Who is eligible to participate in FMS?
The President designates countries and international organizations eligible to participate in FMS. The Department of State approves individual programs on a case-by-case basis. Currently, some 189 countries and international organizations participate in FMS.
How do FMS sales work?
The FMS sales process begins when a country submits a formal Letter of Request (LOR). Ideally, this includes both a desired military capability, and a rough estimate of what the partner is able to spend. Sales are approved following U.S. government review and, when required, after Congressional notification.
What is the difference between FMS and FMF?
FMS refers to sales in w hich the U.S. government acts as the contractual intermediary betw een the contractor and the foreign government. FMF refers to financing extended by the U.S. government to certain allied countries to procure defense articles or services through either FMS or DCC transactions.
What is the FMS Trust Fund?
FMS Trust Fund. The FMS Trust Fund is used for payments received from purchasers and disbursements made against implemented FMS cases.
What is an FMS case number?
A unique six-digit identifier assigned to an FMS case for the purpose of identification, accounting, and data processing of each LOA. The case identifier consists of the two-letter country code, a one-letter designator for the implementing agency, and a three-letter case designator.
How long are FMS funds good for?
Foreign Military Sales (FMS) Trust Fund budget authority is classified as permanent, indefinite, no-year authority. Budget authority associated with FMS cases is treated as non-expiring money.
What is a direct commercial sale?
Direct Commercial Sales (DCS) are direct contractual arrangements between a U.S. company and a foreign government, international organization, or foreign company.
Who funds FMS?
FMS Solutions is funded by New Heritage Capital .
How long does foreign military sales documentation?
The system shall retain Foreign Military Sales (FMS) documents for a period of 10 years from the date of final case closure. Exceptions, such as records associated with ongoing litigation proceedings and country suspensions, may be issued by the Defense Security Cooperation Agency (DSCA).
What is end use monitoring?
End-use monitoring (EUM) is aimed at satisfying statutory requirements for the U.S. government to provide assurances that American arms are not being misused, diverted, or otherwise violating the terms of their export.
What is a Mapac code?
The Military Assistance Program Address Code (MAPAC) is a six position code that uniquely identifies a program or Activity. MAPACs are stored in the MAPAD database.
What is the full meaning of FMF?
Familial Mediterranean fever (FMF) is a genetic autoinflammatory disorder that causes recurrent fevers and painful inflammation of your abdomen, chest and joints.
What does FMF mean in military?
Foreign Military Financing (FMF)
What is FMF in pregnancy?
Abstract. Familial Mediterranean Fever (FMF) is an autosomal recessive disease which is characterized by recurrent, self-limiting, short attacks of serositis while abdominal pain is the most common symptom.
What is the full form of FMF?
Familial Mediterranean fever (FMF) is a hereditary inflammatory disorder. FMF is an autoinflammatory disease caused by mutations in Mediterranean fever gene, which encodes a 781–amino acid protein called pyrin.
What is the FMS program?
The Defense Security Cooperation Agency (DSCA) administers the FMS program for the Department of Defense (DoD). Under FMS, the U.S. Government uses DoD’s acquisition system to procure defense articles and services on behalf of its partners. Eligible countries may purchase defense articles and services with their own funds or with funds provided ...
What is FMS in military?
What Is FMS? Foreign Military Sales (FMS) is the U.S. Government’s program for transferring defense articles, services, and training to our international partners and international organizations. The FMS program is funded by administrative charges to foreign purchasers and is operated at no cost to taxpayers.
What is DCS in contract negotiation?
Under DCS, our international partners work directly with U.S. companies. This allows our partners more direct involvement during contract negotiation.
Is FMS in competition with DCS?
FMS and DCS are not in competition. Unless an item has been designated as “FMS only,” DoD is generally neutral as to whether countries purchase U.S. defense articles or services commercially or through FMS. If a purchaser requests FMS data after soliciting bids from contractors, the purchaser must demonstrate that commercial acquisition efforts have ceased before any FMS data will be provided. If the purchaser obtains FMS data and later determines to request a commercial price quote, the FMS offer may be withdrawn.
What is FMS in military?
The United States Department of Defense's Foreign Military Sales ( FMS) program facilitates sales of U.S. arms, defense equipment, defense services, and military training to foreign governments. The purchaser does not deal directly with the defense contractor; instead, the Defense Security Cooperation Agency (DSCA) serves as an intermediary, ...
What is FMS in banking?
FMS is carried out with countries that are authorized to participate and is subject to approval based on the mechanism to procure services, a deposit in a U.S. trust fund or appropriate credit, and approval to fund services.
What does the word PEACE mean in FMS?
Some U.S. Air Force (USAF) FMS programs are assigned two-word code names beginning with the word PEACE, indicating oversight by USAF headquarters. The second word in these codenames is often chosen to reflect some facet of the customer. Codenames appear in all capital letters.
What is a contract number?
Response: A contract number denotes the procuring agencies contract action (e.g., US Army, US Navy, US Air Force), type of contract, and amendments or modifications during the life of the contract. We have a contract number listed in an Inspector General report for small arms being purchased for Afghanistan.
What is FPDS database?
The FPDS is a searchable database where contracts from as little as $3,500 are listed, as well as all contract modifications that change previously reported data, and all task/delivery orders. The FPDS provides a comprehensive look into the contracts that have been awarded.
What is small arms on the FPDS?
On cross-comparison with the Department of Defense (DoD) database, it became clear that at times small arms were actually listed under very broad headings on the FPDS, such as ‘miscellaneous ammunition’ or ‘miscellaneous weaponry’ . Without reference to the DoD data it was often not clear whether these contracts included small arms.
How is a contract created?
How and when a contract is created?#N#Response: A contract is created after a requiring activity identifies a validated need for supplies or services to support its agency mission and funds are available for obligation . The valid need is advertised on FEDBIZOPS, offers are sent to the Government, and the government evaluates offers and selects an awardee. The actual contract is created when the requirements, terms, conditions, cost/price are captured on a paper contract and both parties sign. Once the party that received the contract begins performance, the government pays for those supplies or services.
How many characters are in a contract number?
The 10th – 13th characters are serially assigned. Agencies may choose a minimum of four characters up to a max of eight characters to be used. Contract numbering rules are addressed in the Federal Acquisition Regulation ( FAR) at subpart 4.16.
Is there inconsistency in contract announcements?
Frustratingly, though, there is a widespread inconsistency when it comes to the DoD ensuring that all of the above facts are included in contract announcements.
Does the DoD list FMS?
For example, when researching the contracts for Afghanistan listed in the DoD Inspector General report, 4 of the 5 contracts that were listed on the DoD did not mention the FMS customer (Afghanistan). In fact, they did not indicate the procurement included FMS at all.
Question
What are the differences between F type and C Type contracts...what are the proc and cons?
Answer
The question cites two specific Contract Procurement Instrument Identifiers (PIIDS) -- Instruments C and F -- which are listed the Federal Acquisition Regulations (FAR) Subpart 4.16 in paragraph 4.1603.
