The DD Form 2734/3, known as the Contract Performance Report Format 3 - Baseline, plays a pivotal role in the reporting and management of defense contracts. It is designed to collect essential financial data on contracts, including original negotiated costs, current and estimated budget figures, and discrepancies between negotiated and allocated budgets. The form requires contractors to organize performance data by work breakdown structure (WBS) elements and report the budgeted cost for work scheduled alongside actual performance figures.
The form covers the full contract lifecycle, from inception to completion, and includes a six-month forecast section to support future planning. It is mandated by the Office of Management and Budget (OMB) with a designated control number, which underscores the importance of regulatory compliance while reducing the reporting burden on individuals. The DD Form 2734/3 serves as a critical tool in ensuring contractual obligations are met efficiently, with a transparent view of budget status and performance measurement baselines across all contract categories.
| Question | Answer |
|---|---|
| Form Name | Dd Form 2734 3 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | dd2734 3 dd form 27343 |