Dd Form 1861 – Fill Out and Use This PDF

Dd Form 1861 PDF Details

Understanding the intricacies of the DD Form 1861, titled "Contract Facilities Capital Cost of Money," is essential for contractors engaged with the Department of Defense (DoD). This form plays a pivotal role in the financial dynamics of contracts, serving as a formal method to calculate and claim facilities capital cost of money as an allowable cost under certain DoD contracts. With an expiration date noted as July 31, 2007, and under the Office of Management and Budget (OMB) No. 0704-0267, the form outlines a structured process for contractors to report the cost of money tied to facilities capital. The DD Form 1861 demands detailed input, including contractor name, address, business unit, contract number, and performance period, alongside a comprehensive breakdown of the distribution of facilities capital cost of money. This involves listing various components such as land, buildings, and equipment, emphasizing the significance of a precise allocation base factor and the total facilities capital employed. The form carries a declaration regarding the public reporting burden, which averages 10 hours per response, covering stages from review to submission. Interestingly, it also assures contractors that failure to comply with this information collection, absent a valid OMB control number, wouldn't attract penalties. Contractors are instructed not to return the completed form to the issuing organization but rather to their contracting official, which highlights the procedural nuances in handling the document. Overall, wrapping one's head around the DD Form 1861 is a step towards mastering the fiscal aspects of defense contracting, ensuring compliance, and optimizing financial outcomes.