Risk Analysis: Comparing Different Contract Types,

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Abstract:

This paper presents a brief description of how the results from a cost risk analysis can be used to distribute the risk in a contract between the government and the contractor. The main contract types discussed are Firm Fixed Price FFP and Fixed Price Incentive FPI. Other contract types may be structured around a risk analysis but are not discussed here.

Author(s):
Worm, G.
Author Organization(s):
PEL INC BATON ROUGE LA
Supplementary Note:
This article is from 'Proceedings of the Federal Acquisition Research Symposium with Theme: Government, Industry, Academe: Synergism for Acquisition Improvement, held at Williamsburg, Virginia on 7-9 December 1983, AD-A137 700, p229-231.
Pagination:
0003

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
*Government procurement, *Contract administration, *Cost analysis, *Risk, Management planning and control, Contracts, Incentive contracts, Management, Decision making, Strategy, Symposia
Keyword(s):
Component Reports, FFP(Firm Fixed Price), FPI(Fixed Price Incentive)
Report Date:
1982 Jan 01