Cost Analysis Of Cost Plus Award Fee Contracts
Download Cost Analysis Of Cost Plus Award Fee Contracts full books in PDF, epub, and Kindle. Read online free Cost Analysis Of Cost Plus Award Fee Contracts ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : |
Publisher | : |
Total Pages | : 125 |
Release | : 1997 |
Genre | : |
ISBN | : |
A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large variety and volume of supplies and services required by agencies. Contract types vary according to (1) the degree and timing of the responsibility assumed by the contractor for the costs of performance and (2) the amount and nature of the profit incentive offered to the contractor for achieving or exceeding specified standards or goals. The two broad categories of contract types available for use in Government contracting are fixed-price and cost-reimbursement. The objective of selecting a contract type is to reasonably allocate performance risk between the contractor and Government while providing incentive to the contractor to perform efficiently and economically. It is important to select the contract type that places the appropriate level of responsibility on the contractor to successfully perform and that is commensurate with the technical and cost uncertainties. Contract types range from Firm-Fixed-Price (FFP) which places maximum risk on the contractor and minimum risk and administrative burden on the Government to Cost-Plus-Fixed-Fee (CPFF) which places minimum risk on the contractor and maximum risk on the Government. (See Appendix (A) for a list of contract types)
Author | : United States. National Aeronautics and Space Administration |
Publisher | : |
Total Pages | : 128 |
Release | : 1967 |
Genre | : Government purchasing |
ISBN | : |
Author | : Gwilym Howard Jenkins (Jr) |
Publisher | : |
Total Pages | : 66 |
Release | : 1979 |
Genre | : |
ISBN | : |
The Cost-Plus-Award-Fee contract has useful application in Major Systems Acquisition during the full-scale development phase. This thesis examines the Cost-Plus-Award-Fee contract with Leavitt's Organizational Theory model which identifies goals, technology, people, structure, and environment as factors for analysis. It further investigates cost reimbursement contract types versus technical risk for identification of those criteria, which best accommodate application of the CPAF contract in major systems acquisition. This thesis concludes that the CPAF contract can be viewed as an informal management information system to enhance project control. It summarizes basic strengths and weaknesses of the CPAF contract in major systems acquisition.
Author | : Philip William Beaumont |
Publisher | : |
Total Pages | : 174 |
Release | : 1970 |
Genre | : |
ISBN | : |
Author | : John E. Thomas |
Publisher | : |
Total Pages | : 512 |
Release | : 1970 |
Genre | : Industrial management |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 208 |
Release | : 1984 |
Genre | : |
ISBN | : |
This thesis evaluates the award fee determination process in Cost- Plus-Award-Fee (CPAF) contracts in an attempt to improve the process. Improvements are needed and are possible. An analysis of pre-award activities and the development and structuring of contract elements which influence the award fee determination process is first conducted. These elements and activities include the formulation of the base fee, determining how the award fee pool is used, formulating the evaluation criteria, determining the length of the evaluation period and, development of an appropriate formula to compute the fee. The second step involves contract administration functions in terms of evaluation and fee determination procedures. Included is an examination of the Performance Evaluation Board composition and proceedings as well as the role and authority of the Fee Determination Official. Finally, an examination of data for trend analysis is conducted and concludes that award fees are generally too high.
Author | : John E. Murphy CPA, CPCM |
Publisher | : Berrett-Koehler Publishers |
Total Pages | : 302 |
Release | : 2009-05-01 |
Genre | : Business & Economics |
ISBN | : 1567263062 |
Perform Contracting Successfully! This master reference — in its fifth edition — contains everything you need to know about government pricing rules and regulations in one easy-to-use volume.Guide to Contract Pricing: Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies, Fifth Edition, explains how the government conducts business and walks you through every step of the contracting process. This fully updated edition includes a new chapter on the role of auditors in contract pricing as well as five new detailed appendices. You'll be able to: + Master the steps of the sealed bid process + Improve your skills at evaluating bids, proposals, and quotations + Perfect your ability to analyze direct and indirect labor costs + Improve your chances for securing a fair and reasonable price
Author | : Gregory A. Garrett |
Publisher | : Wolters Kluwer |
Total Pages | : 306 |
Release | : 2008-01-01 |
Genre | : Law |
ISBN | : 0808018191 |
The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems
Author | : John P. Hutton |
Publisher | : DIANE Publishing |
Total Pages | : 60 |
Release | : 2010 |
Genre | : Law |
ISBN | : 1437918646 |
In prior work, the author found that federal contractors were paid billions of dollars in award fees regardless of acquisition outcomes. In Dec. 2007, the Office of Mgmt. and Budget (OMB) issued guidance aimed at improving the use of award fee contracts. This report: (1) identifies agencies' actions to revise or develop award fee policies and guidance to reflect OMB guidance; (2) assess the consistency of current practices with the new guidance; and (3) determine the extent agencies are collecting, analyzing, and sharing information on award fees. The author reviewed DoD, DoE, HHS, DHS and NASA -- agencies that constituted over 95% of the dollars spent on award fee contracts in FY 2008. Includes recommend. Charts and tables.
Author | : Mel D. Byers |
Publisher | : |
Total Pages | : 158 |
Release | : 1973 |
Genre | : |
ISBN | : |
The cost plus award fee (CPAF) contract is a relatively new innovation in the area of Government incentive contract administration, first introduced in 1962. Not enough information is currently available, however, to realistically determine the effects of the award fee provision on contractor motivation. The initial purpose of this effort is to determine if a correlation exists between contractor performance and the relative value of the award fee.