Dd Form 2734 3 – Fill Out and Use This PDF

Dd Form 2734 3 PDF Details

The DD Form 2734/3, known as the Contract Performance Report's Format 3 - Baseline, plays a pivotal role in the meticulous reporting and management of defense contracts. It is meticulously designed to collect essential details on the financial aspects of contracts, including original and negotiated costs, current and estimated budget figures, as well as any discrepancies between negotiated and allocated budgets. The form aids in providing a transparent view of a contractor's fiscal status, encompassing the inception of the contract through to its completion. It requires respondents to input comprehensive data ranging from contract identification specifics to detailed performance data, such as the budgeted cost for work scheduled and performance measurement baselines. Additionally, the form delves into forecast data, seeking a six-month outlook to assist in future planning. Mandated by the Office of Management and Budget (OMB) with a designated OMB control number, it underscores the importance of adherence to regulatory requirements while striving to minimize the reporting burden on individuals. The DD Form 2734/3 serves not just as a bureaucratic necessity but as a critical tool in ensuring contractual obligations are met efficiently and transparently, with a keen eye on budget adherence and forecasting.