A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract
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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.
Author | : Mel D. Byers (CAPT, USAF.) |
Publisher | : |
Total Pages | : 146 |
Release | : 1973 |
Genre | : Government contractors |
ISBN | : |
Author | : United States. National Aeronautics and Space Administration |
Publisher | : |
Total Pages | : 128 |
Release | : 1967 |
Genre | : Government purchasing |
ISBN | : |
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 | : Shay D. Assad |
Publisher | : DIANE Publishing |
Total Pages | : 44 |
Release | : 2009-11 |
Genre | : Law |
ISBN | : 1437917739 |
In FY 2007, fed. agencies worked with over 160,000 contractors, obligating over $456 billion, to help accomplish fed. missions. This reliance on contractors makes it critical that agencies have the info. necessary to properly evaluate a contractor's prior history of performance and better inform agencies' contract award decisions. While actions have been taken to improve the sharing of past performance info. and its use -- including the development of the Past Performance Info. Retrieval System (PPIRS) -- concerns remain about this info. This report assesses agencies' use of past performance info. in awarding contracts; identifies challenges that hinder sharing of past performance info.; and describes efforts to improve contractor performance info. Illus.
Author | : |
Publisher | : |
Total Pages | : 0 |
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 | : |
Publisher | : |
Total Pages | : 712 |
Release | : 2003 |
Genre | : Administrative law |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1902 |
Release | : 1998-05 |
Genre | : Government purchasing |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1302 |
Release | : 1982-12-08 |
Genre | : Administrative law |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 664 |
Release | : 1995 |
Genre | : Administrative law |
ISBN | : |
The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.