Home / DoD / Air Force Installation & Contracting Agency Achieves $1B Cost Savings Through Alternative Business Practices

Air Force Installation & Contracting Agency Achieves $1B Cost Savings Through Alternative Business Practices

The U.S. Air Force‘s Installation and Contracting Agency has achieved approximately $1 billion in cost savings using alternative ways to procure goods and services.

AFICA employed a cost savings tracker, strategic partnerships and acquisition strategies to meet goals under the Air Force Materiel Command’s strategic plan, the Air Force said Thursday.

Renee Richardson, AFICA executive director, said the agency encouraged contracting personnel to apply good business practices, including the use of business intelligence to support their decision making.

Richardson added that AFICA promotes alternative measures that can help optimize the acquisition of goods and services for warfighters.

Examples of these processes include an effort of the 366th Contracting Squadron to pursue $155,000 in energy-efficient contracts that include LED street lights and window tinting for the 366th Fighter Wing in Mountain Home Air Force Base.

The 366th Contracting Squadron also replaced dining facility to-go containers with a reusable product designed to last for five years and save the wing $14,000 annually.

The 354th Civil Engineer and 354th Contracting Squadrons at Eielson AFB entered an intergovernmental support agreement with Alaska’s Transportation Department to stripe 46 miles of highway at three military installations in the state.

Richardson said the agreement will help cut annual costs by about 46 percent and boost safety on the covered roadway.

Check Also

Senate Passes Bill to Establish DHS Bug Bounty Program

The Senate has voted unanimously in favor of a bill that would establish a bug bounty …

Leave a Reply

Your email address will not be published. Required fields are marked *