BY ORDER OF THE
SECRETARY OF THE AIR FORCE
AIR FORCE INSTRUCTION 65-503
13 JULY 2018
FINANCIAL MANAGEMENT
US AIR FORCE COST AND PLANNING
FACTORS
COMPLIANCE WITH THIS PUBLICATION IS MANDATORY
ACCESSIBILITY: Publications and forms are available on the e-Publishing website at
www.e-Publishing.af.mil for downloading or ordering.
RELEASABILITY: There are no releasability restrictions on this publication.
OPR: SAF/FMCE
Supersedes: AFI 65-503, 4 February 1994
Certified by: SAF/FMC
(Ms. Pamela C. Schwenke)
Pages: 14
This instruction implements AFPD 65-5, Cost and Economics and contains United States Air
Force (AF) operating and support cost definitions and planning factors for the Regular Air Force,
Guard, and Reserve forces. This instruction addresses cost categories, definitions, and cost
factors as they relate to general Air Force cost estimating and estimates for acquisition weapon
systems. These factors are estimates that reflect actual or projected operations costs and are
intended for general estimates and for developing the AF Flying Hour Program budget. Refer
recommended changes and questions about this publication to the office of primary
responsibility using the AF IMT 847, Recommendation for Change of Publication; route AF
IMT 847s from the field through the appropriate functional chain of command. The authorities
to waive wing/unit level requirements in this publication are identified with a Tier (“T-0, T-1, T-
2, T-3”) number following the compliance statement. See AFI 33-360, Publications and Forms
Management, for a description of the authorities associated with the Tier numbers. Submit
requests for waivers through the chain of command to the appropriate Tier waiver approval
authority, or alternately, to the requestors commander for non-tiered compliance items. This
publication may be supplemented at any level, but all Supplements must be routed to the OPR of
this publication for coordination prior to certification and approval. Ensure that all records
created as a result of processes prescribed in this publication are maintained IAW AF Manual
(AFMAN) 33-363, Management of Records, and disposed of IAW the AF Records Disposition
Schedule (RDS) in the AF Records Information Management System (AFRIMS).
