Your program is planning to award a contract in January 2015 to purchase 100 missiles at an estimated total cost of $100 million (constant FY 2012 dollars). Currently, for Base Year 2012 in the Missile Procurement Appropriation, the FY 2015 raw index is 1.06 and the FY 2015 weighted index is 1.12. What is the proper amount you should request in the budget for this contract in FY 2015?
1 answer
100million X weighted index 1.12 = 112 million.
2 answers