Accession Number : ADA309785
Title : Some New Approaches to 'Reward' Contracting.
Descriptive Note : Technical rept.,
Corporate Author : ARMY COMMUNICATIONS-ELECTRONICS COMMAND FORT MONMOUTH NJ
Personal Author(s) : Washington, William N.
PDF Url : ADA309785
Report Date : MAY 1996
Pagination or Media Count : 13
Abstract : This report addresses some suggestions made by Dr. Paul Kaminski, Under Secretary of Defense for Acquisition and Technology, and Colleen Preston, Deputy Under Secretary of Defense for Acquisition Reform, concerning incentivizing change away from the one-size-fits-all mode of contracting, and providing more information to the source selection authority for cost tradeoffs. Three types of award contracts are discussed (i.e., Incentive, Award Fee, and Research Tournaments), and suggestions are made on what might be done to improve them. A new approach called 'Research Tournaments' is presented, which seems to have merit in providing more contract vehicles for consideration in the contracting process.
Descriptors : *INCENTIVE CONTRACTS, *AWARDS, COMPETITION, ACQUISITION, CONTRACTS, GOVERNMENT PROCUREMENT, COSTS, VEHICLES, TRADE OFF ANALYSIS, MILITARY PROCUREMENT.
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE