What can OCO funds be used for?
OCO funding was used to grease the wheels in critical budget deals: when negotiators did not want to increase the budget caps further, they used OCO for additional spending — for both defense and non-defense activities — despite not being needed for the war effort.
What is OCO in military?
Description of Operations Financed In order to provide the estimated total cost of these base budget operations, any direct war or enduring funding (previously called overseas contingency operations (OCO) funding) used to finance these is noted.
Why is OCO important?
OCO provides separate lines of funding authorized and appropriated by Congress to facilitate overseas operations. In its classic usage, OCO covers costs over and above the regular costs of equipping and maintaining military units in the course of normal operations.
What qualifies as a contingency operation?
(13) The term “contingency operation” means a military operation that— (A) is designated by the Secretary of Defense as an operation in which members of the armed forces are or may become involved in military actions, operations, or hostilities against an enemy of the United States or against an opposing military force …
What are OCO funds?
The Overseas Contingency Operations (OCO) fund – sometimes referred to as war funds – is a separate pot of funding operated by the Department of Defense and the State Department, in addition to their “base” budgets (i.e., their regular peacetime budgets).
How do you set an OCO?
How to place an OCO Order. In trading terms, they provided a way to sell at a higher price or to place a stop limit to sell if it goes below a certain price. To set this, click on the arrow beside the OCO and select OCO from the list. This will add more fields where you can place your price and quantity.
Who is responsible for contingency planning?
Senior leadership has overall responsibility for contingency planning, including funding the work to develop, test and maintain the plan. Many organizations appoint a contingency plan coordinator or manager who has overall responsibility for developing and maintaining the plan.
What is a contingency location?
Contingency location is a non-enduring location outside of the United States that supports and sustains operations during named and unnamed contingencies or other operations as directed by appropriate authority and is categorized by mission life-cycle requirements as initial, temporary, or semi-permanent.
What is PPBE process?
Planning, Programming, Budgeting, and Execution (PPBE) is the Department of Defense (DOD) process for allocating resources. The annual process serves as the framework for DOD civilian and military leaders to decide which programs and force structure requirements to fund based on strategic objectives.
