BY ORDER OF THE
SECRETARY OF THE AIR FORCE
AIR FORCE INSTRUCTION 65-508
6 DECEMBER 2018
Financial Management
COST ANALYSIS GUIDANCE AND
PROCEDURES
COMPLIANCE WITH THIS PUBLICATON IS MANDATORY
ACCESSIBILITY: Publications and forms are available for downloading or ordering on the
e-Publishing website at http://www.e-publishing.af.mil
RELEASABILITY: There are no releasability restrictions on this publication.
OPR: SAF/FMCC
Supersedes: AFI65-508, 6 June 2012
Certified by: SAF/FMC
(Ms. Pamela Schwenke)
Pages: 38
This instruction implements Air Force Policy Directive (AFPD) 65-5. It is consistent with
established guidance in AFI 63-101/20-101, Integrated Life Cycle Management, DoD Instruction
(DoDI) 5000.02, Operation of the Defense Acquisition System, DoDI 5000.73, Cost Analysis
Guidance and Procedures, DoDI 5000.75, Operation of the Defense Acquisition System, and with
10 United States Code (USC) §2334; 10 USC §2366a; 10 USC §2366b; 10 USC §2433; 10 USC
§2433a; 10 USC §2441; and Public Law 111-23, Weapon Systems Acquisition Reform Act
(WSARA) of 2009. This publication does not apply to Air Force Reserve Command, Air National
Guard, and Civil Air Patrol units. It establishes timelines, documentation requirements and review
procedures for all cost estimates, and provides specific instructions on performing cost analyses.
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 in the AF Records Information Management System. Refer
recommended changes and questions about this publication to the office of primary responsibility
using the Form 847, Recommendation for Change of Publication; route Form 847s from the field
through the appropriate functional chain of command. 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. 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
