A METHOD FOR SELECTING CONTRACT COST INCENTIVES

Abstract

Selection of an appropriate sharing rate for cost incentive contracts might save the Federal Government large sums of money each year. Theoretical criteria for making this choice have long been known; however, no results have been established because suitable empirical analyses of the problem are lacking. The memorandum considers the empirical evidence necessary for determining appropriate sharing proportions. It shows what data are needed, indicates how they should be used, and proposes a method for collecting them.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1967
Accession Number
AD0653508

Entities

People

  • Ralph E. Miller

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Air Platforms
  • Materials and Manufacturing Processes
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Aerospace Industry
  • Agreements
  • Air Force
  • Aircrafts
  • Contractors
  • Contracts
  • Cost Estimates
  • Cost Reductions
  • Governments
  • Incentive Contracts
  • Mathematical Models
  • Models
  • Negotiations
  • Procurement
  • United States
  • United States Government

Readers

  • Government Contracting/Procurement.
  • Statistical inference.