New EVM contract standard issued by NASA

An interim rule to apply earned-value management to NASA's major acquisition contracts and to those worth at least $20 million has been issued by the agency.

Under the new rule published earlier this month in the Federal Register:
  • NASA will require EVM in all development and production contracts and subcontracts worth $20 million or more; major acquisition contracts valued at less than $20 million will follow the EVM guidelines outlined in the compliance standard already created by the Office of Management and Budget.
  • Contracts and subcontracts valued at $50 million or more must have the EVM clause formally validated and accepted by the government.
  • For contracts and subcontracts worth less than $20 million and not classified as major acquisitions, EVM application is not required, and implementation will be left up to the discretion of the program manager.
  • Contracts for nondevelopmental engineering support services, steady state operations, basic and applied research, and routine services are not required to include EVM.

Contractors must document that their EVM systems comply with the ANSI/Electronic Industries Alliance-748 EVM standard. Also, contractors must describe how they expect to follow the EVM and how they will evaluate their compliance with the EVM system in the contract.

NASA is accepting comments on the interim rule through Jan. 12.

Kerri Hostetler is a staff writer for Washington Technology's affiliate publication, Government Computer News.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.