Accession Number:

AD0673332

Title:

IMPROVING THE EFFECTIVENESS OF INCENTIVE CONTRACTING

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1968-07-01

Pagination or Media Count:

17.0

Abstract:

Present defense procurement policy relies heavily on the use of incentive contracts to provide contractors with some inducement to control costs. The intent is to encourage contractors through increased profits toward more efficient performance and improved cost control. This paper identifies the various effects that incentive contracts may have on contract costs, and questions the validity of the cost savings commonly attributed to these contracts. Several possible strategies for improving their effectiveness are also discussed.

Subject Categories:

  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE