Utilization of Award Fee Contracts at Navy Regional Contracting Centers

Abstract

The use of the award fee contract is a unique incentive structure that provides the Government a method of subjective, after-the-fact evaluation of contractor performance. It also affords the Government the additional flexibility to reward and motivate the contractor for above-average performance. Use of cost-plus-award-fee and fixed-price-award-fee contracts has many applications at the Navy Field Contracting Activity Level. The use of award fee contracts has many benefits and costs not associated with the other types of incentive contracts. To better facilitate its use, barriers that are preventing more applications at the field level need to be recognized, and something must be done to overcome them.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1992
Accession Number
ADA261718

Entities

People

  • Mark E. Hogenmiller

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Business Administration
  • Contract Administration
  • Contractors
  • Contracts
  • Cost Reimbursement Contracts
  • Department Of Defense
  • Economic Models
  • Fixed Price Contracts
  • Government Procurement
  • Governments
  • Incentive Contracts
  • Motivation
  • Organizational Structure
  • Procurement
  • Public Administration
  • Test And Evaluation
  • United States

Readers

  • Government Contracting/Procurement.
  • Systems Analysis and Design