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Use of Incentives in Performance-Based Logistics Contracting

Use of Incentives in Performance-Based Logistics Contracting PDF Author: Gregory Sanders
Publisher: 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.

Use of Incentives in Performance-Based Logistics Contracting

Use of Incentives in Performance-Based Logistics Contracting PDF Author: Gregory Sanders
Publisher: 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.

Air Force Journal of Logistics

Air Force Journal of Logistics PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 352

Book Description


Acquisition Trends, 2018

Acquisition Trends, 2018 PDF Author: Rhys McCormick
Publisher: Rowman & Littlefield
ISBN: 1442281065
Category : Political Science
Languages : en
Pages : 232

Book Description
This report analyzes the current state of affairs in defense acquisition by combining detailed policy and data analysis to provide a comprehensive overview of the current and future outlook for defense acquisition. This analysis will provide critical insights into what DoD is buying, how DoD is buying it, from whom is DoD buying, and what are the defense components buying using data from the Federal Procurement Data System (FPDS). This analysis provides critical insights into understanding the current trends in the defense industrial base and the implications of those trends on acquisition policy.

Air Force journal of logistics: vol25_no2

Air Force journal of logistics: vol25_no2 PDF Author:
Publisher: DIANE Publishing
ISBN: 1428991026
Category :
Languages : en
Pages : 44

Book Description


Guide to Performance-Based Road Maintenance Contracts

Guide to Performance-Based Road Maintenance Contracts PDF Author: Asian Development Bank
Publisher: 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.

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

Book Description
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Alternative Project Delivery, Procurement, and Contracting Methods for Highways

Alternative Project Delivery, Procurement, and Contracting Methods for Highways PDF Author: Keith Robert Molenaar
Publisher: Amer Society of Civil Engineers
ISBN: 9780784408865
Category : Technology & Engineering
Languages : en
Pages : 155

Book Description
The report is a comprehensive and objective presentation of methods that government agencies can use to improve the efficiency and effectiveness of public-sector project delivery.

Transport Logistics Shared Solutions to Common Challenges

Transport Logistics Shared Solutions to Common Challenges PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264171193
Category :
Languages : en
Pages : 53

Book Description
This report identifies constraints addresses issues and suggests possible solutions and approaches that could facilitate the development of policies to promote efficient and sustainable international transport logistics.

Performance-based Contracting for Maintenance

Performance-based Contracting for Maintenance PDF Author: William Albert Hyman
Publisher: Transportation Research Board National Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 124

Book Description
At head of title: National Cooperative Highway Research Program.

Code of Federal Regulations

Code of Federal Regulations PDF Author:
Publisher:
ISBN:
Category : Administrative law
Languages : en
Pages : 1028

Book Description
Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.