Profit Primer: An Evaluation of Alternate Profit Determination Models.

Abstract

This report evaluates six profit determination models as candidates for selection as the official profit determination procedure for the U.S. Army Corps of Engineers. In addition, it provides a summary of current profit theory; profit regulatory requirements; Government profit policy; and 19 profit factors, including the four major categories which comprise the weighted guideline (WGL) method of the Defense Acquisition Regulation (DAR). Of the six profit determination models considered, one will be selected for further development and calibration. This report documents the first phase of a study which will define fair and reasonable profit on construction contracts, change orders, and architect-engineer (A-E) contracts, provide a procedure for computing a fair and reasonable profit objective on Corps contracts, and facilitate the implementation of a selected profit procedure. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1979
Accession Number
ADA066112

Entities

People

  • John M. Deponai Iii
  • Rahim Ilker Adiguzel

Organizations

  • Construction Engineering Research Laboratory

Tags

Communities of Interest

  • C4I
  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Agreements
  • Business Administration
  • Capital Investments
  • Commerce
  • Contractors
  • Contracts
  • Costs
  • Department Of Defense
  • Engineering
  • Engineers
  • Fixed Price Contracts
  • Governments
  • Materials
  • Money
  • Procurement
  • Standards

Readers

  • Government Contracting/Procurement.