English
The Defense Working Capital Fund (DWCF) is a revolving fund financial mechanism that involves approximately 200,000 civilian and military personnel providing more than $85 billion in goods and services. About 20% of DoD's direct appropriation dollars flow through the DWCF on an annual basis. The activities financed in the DWCF form the Department's main organic logistics capability. The DWCF activities rely on sales revenue rather than direct appropriations to finance their operations. DWCF financing is intended to generate sufficient revenue to cover the full costs of its operations, and to provide the flexibility to finance the fund's continuing operations, and therefore customer services, without fiscal year limitation. The basic tenet of the revolving fund system is to provide the mechanism to enable the effective and efficient provision of services to customers. In DoD those services range from supply management to information services. The financial mechanisms of the DWCF are intended to provide total cost visibility and full cost recovery, and to provide customers with reasonable and consistent charges for services provided. The DWCF achieves these goals and maintains missio
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Ebook · DTIC ADA525735: Working Capital Fund Task Group · Defense Technical Information Center · Internet Archive
DTIC Archive · · DEFENSE BUSINESS BOARD WASHINGTON DC · *FINANCE · *REVENUE SHARING · *LOGISTICS MANAGEMENT · *DEFENSE SYSTEMS · *COSTS · LOGISTICS · MILITARY RESEARCH