Download or read book Cost Analysis of Cost Plus Award Fee Contracts written by and published by . This book was released on 1997 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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)
Download or read book Cost Plus Award Fee Contracting Guide written by United States. National Aeronautics and Space Administration and published by . This book was released on 1967 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decision Criteria for Cost Plus Award Fee Contracts in Major Systems Acquisitions written by Gwilym Howard Jenkins (Jr) and published by . This book was released on 1979 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book An Analysis of the Benefits Aavailable Through Use of Cost Plus Award Fee Contracts written by Philip William Beaumont and published by . This book was released on 1970 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost Estimating and Contract Pricing written by Gregory A. Garrett and published by Wolters Kluwer. This book was released on 2008-01-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book An Analysis of the Management Environment of Government Cost plus award fee Support Service Contracts written by John E. Thomas and published by . This book was released on 1970 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Evaluation of the Award Fee Determination Process in Cost Plus Award Fee Contracts in Major Weapon Systems Acquisition written by and published by . This book was released on 1984 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Guide to Contract Pricing written by John E. Murphy CPA, CPCM and published by Berrett-Koehler Publishers. This book was released on 2009-05-01 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perform Contracting Successfully! This master reference — in its fifth edition — contains everything you need to know about government pricing rules and regulations in one easy-to-use volume.Guide to Contract Pricing: Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies, Fifth Edition, explains how the government conducts business and walks you through every step of the contracting process. This fully updated edition includes a new chapter on the role of auditors in contract pricing as well as five new detailed appendices. You'll be able to: + Master the steps of the sealed bid process + Improve your skills at evaluating bids, proposals, and quotations + Perfect your ability to analyze direct and indirect labor costs + Improve your chances for securing a fair and reasonable price
Download or read book Federal Contracting written by John P. Hutton and published by DIANE Publishing. This book was released on 2010 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: In prior work, the author found that federal contractors were paid billions of dollars in award fees regardless of acquisition outcomes. In Dec. 2007, the Office of Mgmt. and Budget (OMB) issued guidance aimed at improving the use of award fee contracts. This report: (1) identifies agencies' actions to revise or develop award fee policies and guidance to reflect OMB guidance; (2) assess the consistency of current practices with the new guidance; and (3) determine the extent agencies are collecting, analyzing, and sharing information on award fees. The author reviewed DoD, DoE, HHS, DHS and NASA -- agencies that constituted over 95% of the dollars spent on award fee contracts in FY 2008. Includes recommend. Charts and tables.
Download or read book 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 published by . This book was released on 1973 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Decision Criteria for Cost plus award fee Contracts in Major Systems Acquisition written by Gwilym Howard Jenkins and published by . This book was released on 1979 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost Plus Award Fee Contracting Guide written by and published by . This book was released on 1967 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 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 published by . This book was released on 1973 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decision Criteria for Cost plus award fee Contracts in Major Systems Acquisition written by Gwilym Howard Jenkins and published by . This book was released on 1979 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fixed price award fee written by Don F. Schade and published by . This book was released on 1990 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award fee is a unique incentive structure that provides the government a method of subjective, after the fact evaluation of contractor performance and affords the Government additional flexibility to reward a contractor for above average performance. Additionally, the award fee is not subject to the disputes clause of a Government contract. Use of award fee serves to enhance contractor performance in areas of quality, production management, ingenuity, timeliness, and cost effectiveness. Currently, the award fee is mostly utilized under cost reimbursement contracts. In order to obtain the full benefit of the award fee, its use in fixed price contracts should be considered. An analysis from the perspective of economic theory, motivational theory, and contracting theory was conducted. In addition, perspectives from Government and private sector contracting personnel were obtained to determine the most effective utilization of an FPAF contract.
Download or read book Procurement of Services Under Cost plus award fee Contracts written by John E. Thomas and published by . This book was released on 1968* with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contract Pricing Reference Guides written by Wolters Kluwer and published by CCH. This book was released on 2016-05-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new, single-volume resource provides the most complete guidance available for analyzing the cost and pricing aspects of federal government contracts--so you can propose and negotiate appropriate prices and win contracts. The practical Contract Pricing Reference Guide reference combines five manuals into a single source, covering: Price Analysis Quantitative Techniques for Contract Pricing Cost Analysis Advanced Issues in Contract Pricing And Federal Contract Negotiation Techniques Determine the Proper Pricing to Win Government Business Throughout these pages, you will find highly detailed explanations of how the government evaluates proposals, arrives at pricing, chooses contractors, and awards contracts. With Contract Pricing Reference Guide, you can more confidently: Conduct market research for price analysis Employ proven techniques of quantitative price analysis Propose a fair and appropriate price Confidently engage in sealed bidding Include only what's allowable in the price Employ the most effective, competitive pricing strategies And engage in effective contract negotiations The One-of-a-Kind, Time-Saving Pricing Resource The all-new Contract Pricing Reference Guide provides a road-map for how to set correct pricing and engage in the competitive bidding process. It is a practical business tool to help you acquire government contract business--and it brings all the most valuable pricing information together in an easy-access, single-volume resource that puts everything you need literally right in front of you. No other resource delivers all of this together in one place, making it the most convenient way to obtain the most vital information on pricing government contracts.
