One way to decrease acquisition lead time is a simple tool called the "ONE PASS" model, which can be used by requirement generators to expedite and standardize requirement package preparation.
What does AQLT stand for?
AQLT stands for Acquisition Lead Time
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- Acceptable/Acceptance Quality Level
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Samples in periodicals archive:
Following a standard service-acquisition process to define and develop requirements has the potential of reducing acquisition lead times, obtaining better competition, reducing costs, and delivering better results.
For example, the effects based contracting concept has reduced acquisition lead times for life-support contract exceeding $6 million from 40 days to just five days.
Air Force article, the WWRS goals are to reduce FMS customers' excesses reduce material cost for purchasers, reduce material acquisition lead times, and enable sellers to purchase needed assets.
In a future conflict or arms race, the nation with the shortest acquisition lead time and product-cycle time will have a distinct advantage.
Whereas most of the prior acquisition reform legislation was negative in nature, intended to impose constraints, sanctions, and additional oversight often in reaction to bad news stories (such as the legendary $500 toilet seat), FASA and FARA (1994 and 1995 respectively) were based on principles of reducing cost and acquisition lead time by freeing acquisition professionals to use good business judgment and by providing tools commonly used in the commercial marketplace.
The T4 program will serve as a single focal point for managing the multiple award contract vehicle, giving VA access to the best of industry's capabilities without extended acquisition lead time.
This contract vehicle has been designed to reduce acquisition lead times and costs while maximizing the value to our Army customer and warfighters.