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News | Feb. 22, 2018

Special Programs Quick Closeout Team receives DoD award for excellence

By DCMA Public Affairs

DCMA’s Special Programs Quick Closeout Team was awarded the David Packard Excellence in Acquisition Award by Deputy Defense Secretary Patrick M. Shanahan and Undersecretary of Defense for Acquisition and Sustainment Ellen M. Lord on Friday at the Pentagon.

The team piloted new, quick closeout techniques that standardized risk factors and changed the paradigm in how contracts could be closed. This resulted in 4,805 contracts being closed using quick closeout alone and enabled a 32.8 percent improvement in overage contract reduction, creating a positive contract closeout rate and reducing the overage contract backlog.

For full details on the award ceremony, visit the story here.