How does the Cost and Performance Record assist the Air Force?

The Cost and Performance Record plays a vital role in satisfying the reporting requirements directed by Congress as it provides a structured method for the Air Force to capture, track, and report data related to cost and performance metrics. This record not only ensures that the Air Force meets legislative mandates but also fosters accountability and transparency in resource management. By systematically documenting costs and performance outcomes, the Air Force can demonstrate to Congress that funds are being utilized effectively, thereby facilitating oversight and compliance with federal regulations.

The integrity and accessibility of the data within the Cost and Performance Record directly support congressional inquiries and reports, making it an essential tool in fulfilling governmental expectations and ensuring that the Air Force maintains its operational standards while justifying its expenditures.