Excerpt from Effects of Incentive Contracts in Research and Development: A Preliminary Research Report
In the past several years an effort has originated in the Defense Department (and followed by other government agencies) to discourage the use of cost-p1us=fixed~fee (cpff) contracts and substitute contractual incentive arrangements. This effort supposedly relies upon the profit motive to reduce requirements for direct government control and to stim ulate better contractor performance and cost estimating. Incentive type contracts are not new in government contracting. Production contracts have been awarded on a fixed price basis for many years. The fixed price contract provides maximum correlation of contract profits with contract cost, and in theory might offer maximum cost incentive. How ever the use of incentive arrangements on r&d contracts is the novel feature of the dod (and nasa) programs of the past several years.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Sinopsis" puede pertenecer a otra edición de este libro.
Librería: Forgotten Books, London, Reino Unido
Paperback. Condición: New. Print on Demand. This book delves into the effects of incentive contracts in research and development, providing valuable insights for government agencies and contractors alike. The author, a renowned expert in the field, examines five case studies of contracts that were converted from a cost reimbursement basis to an incentive-based structure. The analysis reveals that contractors often avoid risk by delaying negotiations or refusing agreements that could lead to cost-sharing. Moreover, the prospect of financial losses can motivate contractors to engage in harmful practices such as excessive cost-cutting and threats to halt work. The book also highlights the increased attention paid to contract changes under incentive arrangements, leading to both benefits and challenges in managing project scope. Ultimately, this book raises important questions about the effectiveness of incentive contracting in research and development and offers valuable lessons for practitioners in this field. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781332880522_0
Cantidad disponible: Más de 20 disponibles
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332880522
Cantidad disponible: 15 disponibles
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332880522
Cantidad disponible: 15 disponibles