Rate stabilization effectiveness at PWC San Diego

Abstract

Since 1 July 1975, Public Works Centers (PWC's) have tilled their industrial fund customers on the basis of stabilized rates. The effectiveness of this rate stabilization is addressed using PWC San Diago as the model activity. The thesis (1) explores the policy of rate stabilization with its advantages and disadvantages, (2) attempts to determine whether budgeting is more effective using rate stabilization rather than previous methods and (3) assesses the impact of rate stabilization on PWC management. The authors conclude that the benefits of rate stabilization far outweigh its shortcomings by providing significant management incentives and a better system for budgeting. Sources of information include official correspondence and reports and interviews at DoD, NAVCOMPT, NAVFAC, PWC San Diego and its customer activities.