Analysis of Acquisition Workforce Responses to Recent GAO Reports on Award and Incentive Fees

Abstract

The purpose of this project is to survey the acquisition workforce regarding recent GAO reports and statements made on Award and Incentive Fees. The reports entitled, 'DOD Has Paid Billions in Award and Incentive Fees regardless of Outcomes' and 'DOD Wastes Billions of Dollars through Poorly Structured Incentive Fees' have questioned the acquisition methods' effectiveness. In order to analyze the reports, the researchers conducted background research on the proper use and facilitation of Award and Incentive Fees in accordance with Federal Acquisition Regulation (FAR) standards, DoD 5000 policy, and other applicable policies. The research team surveyed a sample size of contracting managers at the 45th Annual Aerospace and Defense Contract Management Conference. The focus of the Conference, 'Rules, Risks, and Rewards: The Changing Outlook for Aerospace and Defense Contracting,' presented an opportunity for the researchers to survey participants who felt strongly about the GAO reports. Because the survey was conducted in anonymity, the research team was able to gather both positive and negative feedback.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2007
Accession Number
ADA475989

Entities

People

  • D. J. Mitchell
  • Quincy M. Hearns

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems
  • Space

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Business Administration
  • Congress
  • Contract Administration
  • Contracts
  • Fighter Aircraft
  • Government Procurement
  • Governments
  • Logistics
  • Management Personnel
  • Organizational Structure
  • Procurement
  • Public Policy
  • Standards
  • Supply Chain Management
  • United States Government

Readers

  • Defense Financial Management and Audit.
  • Organizational Psychology.

Technology Areas

  • Space