Competitive Procurements: The Synergistic Linkage among Government, Industry, and Academe,
Abstract
Competition is looked upon by many as one technique to maximize the return from the procurement dollars available. Many members of Congress recommend the competitive method of purchasing for most Government procurement actions. However, the history of Federal procurement attests to the fact that competitive bidding is inadequate in some situations. Since competitive procurement does not always result in lower prices, program managers, contracting officers, and buyers should understand the conditions which may affect prices and aggressively seek competition for items that may likely result in net savings to the Government. This paper includes a summary of competition theory and recent research conducted in the area of competition by graduate students at the Air Force Institute of Technology (AFIT). Two graduate research projects that addressed competition for weapon system replenishment spare parts are summarized in the paper followed by some concluding observations. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1983
- Accession Number
- ADP002773
Entities
People
- D. L. Brechtel
- E. J. Brost
- S. J. Zamparelli
Organizations
- Air Force Institute of Technology