Accession Number : ADA261718


Title :   Utilization of Award Fee Contracts at Navy Regional Contracting Centers


Descriptive Note : Master's thesis


Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA


Personal Author(s) : Hogenmiller, Mark E


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a261718.pdf


Report Date : Dec 1992


Pagination or Media Count : 86


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.


Descriptors :   *COSTS , *BENEFITS , *INCENTIVE CONTRACTS , *NAVAL PROCUREMENT , *AWARDS , PERFORMANCE(HUMAN) , PERFORMANCE(ENGINEERING) , ECONOMIC MODELS , NAVY , PROFITS , MOTIVATION , BARRIERS , CONTRACTORS , THESES


Subject Categories : Administration and Management
      Logistics, Military Facilities and Supplies


Distribution Statement : APPROVED FOR PUBLIC RELEASE