(a) CONDUCTING A MYC FEASIBILITY STUDY
(1) As mentioned in Chapter 3, paragraphs B.2 and B.3, the first step for any IPT that is contemplating the use of MYC is to conduct a feasibility study. The primary purpose of the feasibility study is to examine the elements of your program to determine if it satisfies all six criteria called out in 10 USC 2306b. Chapter 1, paragraph B.1 lists the criteria in detail, but they are summarized in the following questions:
(i) Will the use of MYC offer substantial savings not otherwise attainable with annual contracts?
(ii) Are the known requirements firm?
(iii) Is there a reasonable expectation of funding stability?
(iv) Is the design stable and are the technical risks low?
(v) Are the cost estimates and cost avoidance projections realistic?
(vi) Will the use of MYC promote the national security interests of the US?
(2) This feasibility study constitutes an important part of the acquisition planning for your program. It becomes the go/no-go decision point on making a significant time and manpower commitment to the multi-year process. The results should be well documented and, if appropriate, become part of the ASP presentation. If your program appears to be a strong candidate for MYC, the next step is to develop a formal MYC Justification Package. The next chapter provides guidance on how to prepare the package.