How often are External Material Obligation Validations (MOV) conducted?

External Material Obligation Validations (MOV) are conducted quarterly to ensure that all outstanding obligations for materials remain valid and are accurately reflected in the financial system. This process plays a critical role in maintaining the integrity of military logistics by confirming that obligations should still be committed to and that accountability is maintained on the usage and need for materials. By conducting these validations every quarter, it allows for timely identification of any discrepancies or outdated obligations, thus ensuring that the logistics processes remain efficient and responsive to operational needs. This frequency is essential for proper fiscal management and accountability in Navy logistics operations.