Author: Christopher P. GardnerPublisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 194
Book Description
Balancing Government Risks with Contractor Incentives in Performance-based Logistics Contracts
Author: Christopher P. GardnerPublisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 194
Book Description
Use of Incentives in Performance-Based Logistics Contracting
Author: Gregory SandersPublisher: Rowman & Littlefield
ISBN: 1442280662
Category : Political Science
Languages : en
Pages : 74
Book Description
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.
Defense Management: DOD Needs to Demonstrate That Performance-Based Logistics Contracts Are Achieving Expected Benefits
Author: United States Government Accountability OfficePublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Incentives in Government Contracting
Author: R. Preston McAfeePublisher:
ISBN:
Category : Law
Languages : en
Pages : 196
Book Description
Use of Incentives in Performance-Based Logistics Contracting
Author: Andrew HunterGuide to Performance-Based Road Maintenance Contracts
Author: Asian Development BankPublisher: Asian Development Bank
ISBN: 9292611097
Category : Technology & Engineering
Languages : en
Pages : 165
Book Description
Road asset management is one of the top priorities of the Central Asia Regional Economic Cooperation (CAREC) Transport and Trade Facilitation Strategy 2020. The implementation of performance-based road maintenance contracts (PBCs)—an essential element of road asset management—promotes effective and efficient maintenance of road networks. Well-designed PBCs keep roads in predefined good condition at relatively low cost. This guide aims to help policy makers in CAREC member countries understand and implement PBCs. After a brief history of the development of PBCs, it discusses the various types of PBCs and their relative advantages and disadvantages. It highlights PBC implementation in selected developed, developing, and transitional countries, including CAREC member countries, to illustrate best practices.
Performance-Based Contracting
Author: Steve McKinziePublisher:
ISBN: 9780984403837
Category : Contracting out
Languages : en
Pages : 234
Book Description
Book Review: Performance-Based Contracting Step by Step Process to Achieve - Checklists Toolkit Best Practices Multi-million and billion-dollar government contracts are increasingly being awarded as a result of performance-based statements of work developed by government acquisition teams. In the past, a federal agency would issue a statement of work setting out the work to be done, minimum requirements, performance dates and so on.Today, more and more federal agencies are requesting performance work statements (PWS) which turns the procedure around. Simply defined, performance-based contracting allows government to acquire services via contracts that define what is to be achieved, not necessarily how it is done. Contractors are required to develop the statement of work using performance metrics, measuring tools and a quality assurance plan. It enables contractors to follow an innovative development approach and allows the agency to evaluate each proposal for performance benefits before the contract is awarded.Writing a Performance-Based Statement of Work is not easy. Focusing on the product to be purchased and outcomes and not the process requires discipline and guidance. This book, Performance Based Contracting, is an invaluable guide in understanding this process and helping government put in place more effective, efficient acquisitions and industry to secure major federal contracts.The book shows you how to write a successful performance-based statement of work with lots of case studies and examples. Chapters lead you through all the steps necessary from planning and market research to writing the performance-based statement of work and everything in between.The book highlights the key elements of performance-based acquisition which encourage innovative business practices and emphasizes that performance-based acquisition requires the participation of all stakeholders the users, the acquisition workforce and industry to ensure the requirement is adequately satisfied.The book also stresses that it is vital that all stakeholders understand the importance of their role in the process which is comprehensive and must include the user, and many different functional team members including financial managers, legal advisors, program (project) managers, contracting officers, contracting specialists and so on. It is essential that industry be a key participant, especially, but not only, when the requirements are complex.This is a ''must read'' book for anyone and everyone involved in the federal contracting whether they are seeking to win contracts or are responsible for awarding and managing them.The authors have researched extensively through federal sources to bring the reader the most comprehensive desk reference available on all aspects of the performance-based contracting. This book has drawn heavily on the authoritative materials published by the a wide range of federal agencies including the Government Accountability Office (GAO), the General Services Administration (GSA), the Federal Emergency Management Agency (FEMA), the Department of Homeland Security (DHS), and Headquarters, Department of the Army. Then, the authors have organized the information into an organized and logical presentation, added their own experience and a high value step-by-step process to provide a valuable resource to contract veterans and newcomers alike.The easy to follow step-by-step process explains the duties and responsibilities of all parties in the acquisition process, key skill areas required and how these are applied throughout the contracting life cycle. Finally, the authors provide a wealth of forms, report formats, checklists checklists and more checklists that guide all key individuals through the performance-based process.Throughout this handbook, there are case studies, checklists, exercises and structured "if-then" guides designed to prepare contract writers and evaluators for the tasks in hand, give them a powerful set of management tools, motivate them to succeed and inspire them to adopt best practices in order to achieve even more positive performance outcomes.
Air Force Journal of Logistics
Author: Air Force journal of logistics: vol25_no2
Author: Publisher: DIANE Publishing
ISBN: 1428991026
Category :
Languages : en
Pages : 44
Book Description
The Use of Performance Incentives in DOD Contracting
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 19
Book Description
Performance incentives have a long and interesting history in the Department of Defense (DoD). As a result of policy guidance, numerous contracts written during the 1960s and 1970s based profit, in part, on objectively measured performance characteristics. Such contracts may have renewed policy relevance today because of both the change from detailed design-to-performance specifications and the implementation of Cost as an Independent Variable (CAIV). During a time of rapid technological change, performance incentives may also support the decentralized execution of a centralized planning process. In this analysis, particular attention is paid to the DoD cost-effectiveness model developed during the 1960s. Using the policy prescription of this model, the author examines the empirical relationship between the performance achieved by contractors and such variables as the cost-sharing ratio, target cost, and target profit. Recently, economists have extended this model by emphasizing the distinction between accounting profit and economic profit when contractor effort is unobservable. He argues that the government is likely to know a great deal about the contractor's effort and that contracts combining performance incentives with subjectively determined award fees may have very desirable properties. The F/A-18E/F contract is an important example of this type of incentive arrangement.