Incentives In Government Contracting

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Incentives in Government Contracting

Author : R. Preston McAfee,John McMillan
Publisher : Unknown
Page : 196 pages
File Size : 52,7 Mb
Release : 1988
Category : Law
ISBN : UOM:39015028562398

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Incentives in Government Contracting by R. Preston McAfee,John McMillan Pdf

Incentive Contracting Guide

Author : United States. Department of Defense
Publisher : Unknown
Page : 268 pages
File Size : 42,5 Mb
Release : 1969
Category : Defense contracts
ISBN : MINN:30000010506412

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Incentive Contracting Guide by United States. Department of Defense Pdf

Effects of Incentive Contracts in Research and Development

Author : Edward B. Roberts
Publisher : Forgotten Books
Page : 48 pages
File Size : 52,7 Mb
Release : 2018-02-23
Category : Reference
ISBN : 0666180342

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Effects of Incentive Contracts in Research and Development by Edward B. Roberts Pdf

Excerpt from Effects of Incentive Contracts in Research and Development: A Preliminary Research Report In the past several years an effort has originated in the Defense Department (and followed by other government agencies) to discourage the use of cost-p1us=fixed fee (cpff) contracts and substitute contractual incentive arrangements. This effort supposedly relies upon the profit motive to reduce requirements for direct government control and to stim ulate better contractor performance and cost estimating. Incentive type contracts are not new in government contracting. Production contracts have been awarded on a fixed price basis for many years. The fixed price contract provides maximum correlation of contract profits with contract cost, and in theory might offer maximum cost incentive. How ever the use of incentive arrangements on r&d contracts is the novel feature of the dod (and nasa) programs of the past several years. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Use of Incentives in Performance-Based Logistics Contracting

Author : Gregory Sanders,Jesse Ellman
Publisher : Rowman & Littlefield
Page : 74 pages
File Size : 54,5 Mb
Release : 2018-04-19
Category : Political Science
ISBN : 9781442280663

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Use of Incentives in Performance-Based Logistics Contracting by Gregory Sanders,Jesse Ellman Pdf

Traditional contracting is primarily transactional, rewarding contractors when deliveries are made or certain process milestones are met. Performance-Based Logistic (PBL) contracting seeks to base contractor incentives on ongoing performance measures to achieve reliability and cost savings. Key to the success of these arrangements are the incentives that align the interests of the customer and the vendor. This report describes the incentives used in PBL contracts, identifies best practices, and provides recommendations for effective incentives going forward. The study team interviewed PBL practitioners including defense-unique contractors, defense-commercial contractors, and experts who are knowledgeable in the government perspective in the United States and abroad. The team supplemented these interviews by analyzing a PBL dataset of U.S. Department of Defense contracts. Of the four identified categories of incentives—time-based, financial, scope, and other—interviews found that time-based incentives stood out for their reliable appeal and relative underuse in the United States.

Incentive Contracts

Author : United States. General Accounting Office
Publisher : Unknown
Page : 24 pages
File Size : 49,5 Mb
Release : 1987
Category : Electronic
ISBN : STANFORD:36105126985022

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Incentive Contracts by United States. General Accounting Office Pdf

Incentives In Procurement Contracting

Author : Jim Leitzel
Publisher : Routledge
Page : 225 pages
File Size : 48,7 Mb
Release : 2019-08-19
Category : Political Science
ISBN : 9780429722929

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Incentives In Procurement Contracting by Jim Leitzel Pdf

This volume presents a nontechnical treatment of issues that arise in procurement contracting, with an emphasis on major weapons systems procurement. Employing the economic theory of agency as their analytical framework, contributors assess the incentives that arise, for both buyers and sellers, in different contractual settings. Procurement contra

Department of Defense Incentive Contracting Guide

Author : United States. Office of the Assistant Secretary of Defense (Installations and Logistics)
Publisher : Unknown
Page : 128 pages
File Size : 46,7 Mb
Release : 1963
Category : Defense contracts
ISBN : SRLF:D0002375301

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Department of Defense Incentive Contracting Guide by United States. Office of the Assistant Secretary of Defense (Installations and Logistics) Pdf

The Complete Guide to Government Contract Types

Author : Kenneth R. Segel
Publisher : Berrett-Koehler Publishers
Page : 390 pages
File Size : 53,6 Mb
Release : 2016-04-01
Category : Business & Economics
ISBN : 9781567264692

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The Complete Guide to Government Contract Types by Kenneth R. Segel Pdf

Everything You Need to Know About Government Contract Types As the world's single largest buyer of goods and services, the federal government has many ways to structure its procurements. Different situations and conditions often determine the best vehicle for a particular purchase. Contracting officers must assess a wide range of factors to determine which contract type will provide the government the best value and the least risk. The Complete Guide to Government Contract Types provides a comprehensive overview of the key government contract vehicles and types: fixed-price, cost-reimbursement, incentive, and other (which includes letter, indefinite-delivery/indefinite-quantity, and time-and-material contracts). The author first explains the selection process for contract vehicles, which is the basis for selecting the appropriate contract type for the work in question. He then presents a comprehensive, in-depth analysis of each contract type, explaining how each works best to meet certain types of requirements and conditions. This is an essential resource for both contracting officers and contractors seeking to understand and work effectively within the nuances of contract selection and compliance.

Using Effective Contractual Incentives to Obtain Superior Contractor Performance

Author : Timothy B. Venable
Publisher : Unknown
Page : 125 pages
File Size : 44,6 Mb
Release : 2000-12-01
Category : Electronic
ISBN : 1423532007

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Using Effective Contractual Incentives to Obtain Superior Contractor Performance by Timothy B. Venable Pdf

The purpose of this thesis is to provide the reader with the ability to analyze the effectiveness of incentives and to document innovative approaches to incentive contracting that can be applied to Cost-Plus-Award-Fee (CPAF) contracts. While a CPAF contract is a vehicle to obtain products or services needed by the Government, it also acts as a management tool for the awarding entity, which focuses on the impact of meeting or exceeding award criteria. The need for improved procurement effectiveness necessitates the exploration of innovative arrangements. Contracting officers must take advantage of reforms and become innovative in their approach to provide best value in programs. More efficient ways of doing business are available and must be capitalized upon. Changes in the regulations have given the contracting officer the freedom to innovate. They must use this new freedom in order to meet DoD's expanding requirements with increasingly limited resources. The use of innovative incentives to contractor performance is beginning a period of renaissance. Numerous Government entities have embraced the use of innovative arrangements in the effort to get goods and services better, faster, and cheaper. The contracting officer must determine which incentives are most effective for a program based upon numerous variables.

Defense Contracting

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 50 pages
File Size : 45,9 Mb
Release : 2017-09-21
Category : Contracting out
ISBN : 197751393X

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Defense Contracting by United States Government Accountability Office Pdf

In fiscal year 2015, DOD obligated $274 billion on contracts for products and services, a portion of which was for contracts that used incentive and award fee provisions-or incentive contracts-intended to improve cost, schedule, and technical performance outcomes. Work by GAO and others has shown that such contracts, when not well managed, can lead to unnecessary costs shouldered by the American taxpayer. Beginning in 2010, DOD made regulatory and policy changes related to incentives. GAO was asked to review DOD's use of incentives. This report (1) identifies steps DOD has taken to improve its use of incentive contracts since 2010, and (2) assesses the extent to which selected DOD incentive contracts achieved desired acquisition outcomes. To conduct this work, GAO reviewed relevant federal and DOD guidance; analyzed DOD obligations and new contract award data for fiscal years 2005 through 2015, before and after regulatory and policy changes; and analyzed a nongeneralizable sample of 26 contracts and task orders that contained incentives and 9 contract actions providing for award fees that were awarded between fiscal years 2011 and 2015 and reported as completed by the end of fiscal year 2015 to assess contract outcomes.

A Theory of Incentives in Procurement and Regulation

Author : Jean-Jacques Laffont,Jean Tirole
Publisher : MIT Press
Page : 746 pages
File Size : 54,7 Mb
Release : 1993
Category : Business & Economics
ISBN : 0262121743

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A Theory of Incentives in Procurement and Regulation by Jean-Jacques Laffont,Jean Tirole Pdf

Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focusing on the regulation of natural monopolies such as military contractors, utility companies and transportation authorities.

Incentives in Contracts for Public Sector Projects with Private Sector Participation

Author : Renato E. Reside
Publisher : Unknown
Page : 40 pages
File Size : 44,5 Mb
Release : 2003
Category : Philippines
ISBN : UOM:39015053022722

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Incentives in Contracts for Public Sector Projects with Private Sector Participation by Renato E. Reside Pdf

With asymmetric information, investors are offered a pair of incentive-compatible contracts covering production, tariff and guarantee coverage. Both contracts offer identical production quantities, but the contract designed for high risk investors offers over-insurance and tariff below marginal cost, while the contract designed for low risk investors offers under-insurance with tariff above marginal cost. This benchmark outcome may motivate solutions to adverse selection, incentive and risk-sharing problems in contracts involving private sector participation in infrastructure development projects in the Philippines.

Effects of Incentive Contracts in Research and Development

Author : Edward Baer Roberts
Publisher : Hardpress Publishing
Page : 58 pages
File Size : 50,7 Mb
Release : 2013-12
Category : Electronic
ISBN : 1314916815

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Effects of Incentive Contracts in Research and Development by Edward Baer Roberts Pdf

Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Incentives in Procurement Contracting

Author : Taylor & Francis Group
Publisher : Unknown
Page : 128 pages
File Size : 40,9 Mb
Release : 2021-02-19
Category : Electronic
ISBN : 0367157888

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Incentives in Procurement Contracting by Taylor & Francis Group Pdf