Operational or factory capability demonstration of potential solutions is encouraged. If a nonmaterial solution emerges during the analysis that satisfies the need, can be achieved within approved budgets, and is concurred with by the sponsoring line of business, it may be implemented without proceeding further in the lifecycle acquisition management process. The Associate Administrator of the line of business sponsoring the mission need must notify the Joint Resources Council that a nonmaterial solution has been selected so the investment analysis activity can be terminated. Of the alternatives identified, those determined to be viable become candidates for detailed analysis. The results of investment analysis are documented in an Investment Analysis Report which contains comprehensive, quantitative data developed equally for each candidate solution.
Investment analysis involves trade-off among factors such as cost, schedule, risk, and performance.
OMB Circular A-76, Performance of Commercial Activities. Performance of Commercial Activities , establishes the Government's policy to rely on commercial sources to supply the products and services the Government needs and to perform inherently governmental activities in-house. The FAA will follow the policies of the Circular to the extent that such policies are consistent with FAA's statutory authority. Therefore, potential A-76 issues should be addressed during the investment analysis process and at other stages of the acquisition, as appropriate. This information is provided to the Investment Analysis Team for inclusion in the Investment Analysis Report.