Accession Number:

ADA620401

Title:

A Contract That Manages Itself: The Time Has Arrived

Descriptive Note:

Journal article

Corporate Author:

DEFENSE ACQUISITION UNIV FT BELVOIR VA

Personal Author(s):

Report Date:

2015-02-01

Pagination or Media Count:

5.0

Abstract:

This article is about change. It is about taking a brave new step in the way contracting is performed within the Department of Defense DoD and how contracts are handled. In fact, this article goes further. The contract will cease being a static document file on a computer server. The contract will manage itself. The contract will have a voice and it will speak. The contract will become empowered, and it will take action apart from human direction. The technology exists to bring the contract to life and, once the first step on this road is taken, the world of contract administration will leap into the next century. The cost potential savings are so great that they are incalculable. For those who are intrigued by the opening paragraph, for the skeptics, for everyone with a vested interest in how contract management within the DoD is performed, read on and you won t be disappointed. A computer file has been brought to life and has spoken its first words, Hello Contracting World. We will never be the same.

Subject Categories:

  • Administration and Management
  • Information Science
  • Defense Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE