DEPARTMENT OF THE NAVY
OFFICER IN CHARGE OF CONSTRUCTION
PACIFIC DIVISION, NAVAL FACILITIES ENGINEERING
COMMAND DETACHMENT, FAR EAST
PSC 473 BOX 61
FPO AP 96349-2903
OICCFEINST 7 1 0 0 . 1 I
13 Sep 93
23 Mar 94
OICC PACNAVFACENGCOM DET FAR EAST INSTRUCTION 7100.1I
Officer in Charge of Construction, Naval Facilities
Engineering Command Contracts, Far East
YEN/DOLLAR CURRENCY EXCHANGE RATES
(1) Sample MIPR & Acceptance
(2) SOP of 7 Aug 91 (revised) w/attachments
T o define the appropriate currency exchange rate
applicable to contracts administrated by all Officer in Charge of
C o n s t r u c t i o n , Naval Facilities Engineering Command Detachment,
Far East offices for the various user activities.
OICC PACNAVFACENGCOM DET Far East contracts are
awarded in yen amounts ( e x c e p t to SOFA sponsored contractors).
To simplify budgeting for overseas activities, fixed currency
OICC PACNAVFACENGCOM Far
e x c h a n g e rates have been established.
East offices use the following fixed currency exchange rates:
Budget Exchange Rate: T h e s e r a t e s a r e e s t a b l i s h e d
annually by DFAS and are applicable to contracts financed by
Since the yen
a p p r o p r i a t i o n s indicated in subparagraph 3c below.
costs are established, funding activities can determine the
a m o u n t of U.S. dollars required to meet those costs.
v a r i a n c e between the actual exchange rate incurred at time of
c o n t r a c t payment(s) and the budget execution rate is absorbed by
C N O / C M C in a centrally managed foreign currency fluctuation
T h e r e is no charge to the funding activity.
Current Exchange Rate: Established by OICC
PACNAVFACENGCOM DET Far East Headquarters and applicable to all
c o n t r a c t s financed by the a p p r o p r i a t i o n s as noted in
T h i s rate is normally set higher than the
subparagraph 3c below.
prevailing execution rate to assure sufficient funds are
available to cover the contract cost.
Common Appropriations and Applicable Currency Exchange
L i s t e d below are the appropriations most frequently
e n c o u n t e r e d and the applicable Currency Exchange Rate:
% OF SIOH CHARGE
O&M, N Supplemental
E n c l o s u r e (1)