What are Direct Commercial Contracts (DCCs)?
Get ready for a truckload of acronyms.
The Defense Security Cooperation Agency (DSCA) is the organization responsible for directing, administering, and supervising the Security Assistance Program. Its responsibilities are defined and authorized by the:
- Foreign Assistance Act (FAA) of 1961 (as amended)
- Arms Export Control Act (AECA) (as amended)
- Other applicable statutes.
- Executive Orders
- Directives
Included within the Security Assistance Program is (i) the Foreign Military Financing (FMF) Program which provides loan and grant financing for Foreign Military Sales and (ii) purchases from U.S. firms. The latter are considered Direct Commercial Contracts (DCCs). Under the FMS program, the Department of Defense acts as the agent for the purchasing country. These procurements are fully subject to the Federal Acquisition Regulations (FAR), including audit oversight.
Source: PNWC’s Government Contracting Update: What are Direct Commercial Contracts (DCCs)?
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