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Cost Analysis Of Cost Plus Award Fee Contracts


Cost Analysis Of Cost Plus Award Fee Contracts
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Cost Analysis Of Cost Plus Award Fee Contracts


Cost Analysis Of Cost Plus Award Fee Contracts
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Author :
language : en
Publisher:
Release Date : 1997

Cost Analysis Of Cost Plus Award Fee Contracts written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.


A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large variety and volume of supplies and services required by agencies. Contract types vary according to (1) the degree and timing of the responsibility assumed by the contractor for the costs of performance and (2) the amount and nature of the profit incentive offered to the contractor for achieving or exceeding specified standards or goals. The two broad categories of contract types available for use in Government contracting are fixed-price and cost-reimbursement. The objective of selecting a contract type is to reasonably allocate performance risk between the contractor and Government while providing incentive to the contractor to perform efficiently and economically. It is important to select the contract type that places the appropriate level of responsibility on the contractor to successfully perform and that is commensurate with the technical and cost uncertainties. Contract types range from Firm-Fixed-Price (FFP) which places maximum risk on the contractor and minimum risk and administrative burden on the Government to Cost-Plus-Fixed-Fee (CPFF) which places minimum risk on the contractor and maximum risk on the Government. (See Appendix (A) for a list of contract types)



Decision Criteria For Cost Plus Award Fee Contracts In Major Systems Acquisitions


Decision Criteria For Cost Plus Award Fee Contracts In Major Systems Acquisitions
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Author : Gwilym Howard Jenkins (Jr)
language : en
Publisher:
Release Date : 1979

Decision Criteria For Cost Plus Award Fee Contracts In Major Systems Acquisitions written by Gwilym Howard Jenkins (Jr) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with categories.


The Cost-Plus-Award-Fee contract has useful application in Major Systems Acquisition during the full-scale development phase. This thesis examines the Cost-Plus-Award-Fee contract with Leavitt's Organizational Theory model which identifies goals, technology, people, structure, and environment as factors for analysis. It further investigates cost reimbursement contract types versus technical risk for identification of those criteria, which best accommodate application of the CPAF contract in major systems acquisition. This thesis concludes that the CPAF contract can be viewed as an informal management information system to enhance project control. It summarizes basic strengths and weaknesses of the CPAF contract in major systems acquisition.



Cost Plus Award Fee Contracting Guide


Cost Plus Award Fee Contracting Guide
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Author : United States. National Aeronautics and Space Administration
language : en
Publisher:
Release Date : 1967

Cost Plus Award Fee Contracting Guide written by United States. National Aeronautics and Space Administration and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Government purchasing categories.




An Evaluation Of The Award Fee Determination Process In Cost Plus Award Fee Contracts In Major Weapon Systems Acquisition


An Evaluation Of The Award Fee Determination Process In Cost Plus Award Fee Contracts In Major Weapon Systems Acquisition
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Author :
language : en
Publisher:
Release Date : 1984

An Evaluation Of The Award Fee Determination Process In Cost Plus Award Fee Contracts In Major Weapon Systems Acquisition written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.


This thesis evaluates the award fee determination process in Cost- Plus-Award-Fee (CPAF) contracts in an attempt to improve the process. Improvements are needed and are possible. An analysis of pre-award activities and the development and structuring of contract elements which influence the award fee determination process is first conducted. These elements and activities include the formulation of the base fee, determining how the award fee pool is used, formulating the evaluation criteria, determining the length of the evaluation period and, development of an appropriate formula to compute the fee. The second step involves contract administration functions in terms of evaluation and fee determination procedures. Included is an examination of the Performance Evaluation Board composition and proceedings as well as the role and authority of the Fee Determination Official. Finally, an examination of data for trend analysis is conducted and concludes that award fees are generally too high.



Cost Estimating And Contract Pricing


Cost Estimating And Contract Pricing
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Author : Gregory A. Garrett
language : en
Publisher: Wolters Kluwer
Release Date : 2008-01-01

Cost Estimating And Contract Pricing written by Gregory A. Garrett and has been published by Wolters Kluwer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-01 with Law categories.


The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems



An Analysis Of The Benefits Aavailable Through Use Of Cost Plus Award Fee Contracts


An Analysis Of The Benefits Aavailable Through Use Of Cost Plus Award Fee Contracts
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Author : Philip William Beaumont
language : en
Publisher:
Release Date : 1970

An Analysis Of The Benefits Aavailable Through Use Of Cost Plus Award Fee Contracts written by Philip William Beaumont and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with categories.




A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract


A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract
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Author : Mel D. Byers
language : en
Publisher:
Release Date : 1973

A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract written by Mel D. Byers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with categories.


The cost plus award fee (CPAF) contract is a relatively new innovation in the area of Government incentive contract administration, first introduced in 1962. Not enough information is currently available, however, to realistically determine the effects of the award fee provision on contractor motivation. The initial purpose of this effort is to determine if a correlation exists between contractor performance and the relative value of the award fee.



An Analysis Of The Management Environment Of Government Cost Plus Award Fee Support Service Contracts


An Analysis Of The Management Environment Of Government Cost Plus Award Fee Support Service Contracts
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Author : John E. Thomas
language : en
Publisher:
Release Date : 1970

An Analysis Of The Management Environment Of Government Cost Plus Award Fee Support Service Contracts written by John E. Thomas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Industrial management categories.




A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract


A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract
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Author : Mel D. Byers (CAPT, USAF.)
language : en
Publisher:
Release Date : 1973

A Study Of The Relationship Between Contractor Performance And The Magnitude Of The Award Fee In The Cost Plus Award Fee Contract written by Mel D. Byers (CAPT, USAF.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Government contractors categories.




Effectiveness Of Award Fee Provisions In Darcom Contracts


Effectiveness Of Award Fee Provisions In Darcom Contracts
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Author : Shirley H. Carter
language : en
Publisher:
Release Date : 1977

Effectiveness Of Award Fee Provisions In Darcom Contracts written by Shirley H. Carter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.


The Cost Plus Award Fee contract (CPAF) is an appealing concept because it allows procurement managers to use judgement in rewarding performance. It has recently been alleged, however, that a high and relatively constant percentage of the award fee is always paid. If this is true, the effectiveness of CPAF contracts relative to other types is in doubt. Objectives of the study are: (1) Establish current level of award fee payments within Army contracts. (2) Investigate procedures to determine what award fee to pay. (3) Accumulate evidence indicating the motivational effectiveness of cost-plus-award-fee contracts. (4). Evaluate current guidance for the use of CPAF contracts. (5) Recommend change in use or guidance, if appropriate. Inferences toward the objectives were drawn from analyses of award fee payment level, the relationship of award fee payment to various other variables (e.g., fixed fee base), time and command trends, and qualitative assessments.