Using Cost Realism to Improve the Source Selection Process

Abstract

The source selection decision in a competitively negotiated acquisition is very difficult. Cost realism is one evaluation factor that may be used to assist in making the source selection decision. In this study the concept of cost realism and feasible methodologies for achieving it are investigated. The role of cost realism in the source selection plan and the source selection process is identified and defined. Specific cost realism issues are reviewed and discussed. Cost realism utilization in the Department of the Navy is investigated. Keywords: Theses; Contracting; Contracts; Contract proposals; Cost analysis.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1987
Accession Number
ADA188446

Entities

People

  • William E. Hall

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Business Administration
  • Contract Administration
  • Contractors
  • Contracts
  • Cost Analysis
  • Cost Estimates
  • Cost Reimbursement Contracts
  • Department Of Defense
  • Environment
  • Management Personnel
  • Organizational Structure
  • Procurement
  • Schools
  • Test And Evaluation
  • United States
  • United States Naval Academy

Readers

  • Government Contracting/Procurement.
  • Systems Analysis and Design