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Improvements in Cost-Plus-Award-Fee Processes are Needed to Ensure Millions Paid in Fees are Justified.
| 题名： | Improvements in Cost-Plus-Award-Fee Processes are Needed to Ensure Millions Paid in Fees are Justified. |
| 关键词： | *Contracts-; *Acquisition-policies.;Ratings-; Payments-; Assessments-; Guidances-; Payment-structures; Evaluation-criteria; Contract-management; Recommendations-. |
| 摘要： | As of June 2008, the Department of Transportation (DOT) had 47 open cost-plus-award-fee (CPAF) contracts-contracts that provide financial incentives based on contractor performance. These contracts have a potential maximum value of approximately $5.5 billion, including over $271 million in available award-fee pools. While CPAF contracts can encourage excellence in contract performance, they require effective monitoring to ensure contract dollars are spent wisely and award fees are justified based on contractor performance and related expected outcomes. In December 2007, the Office of Management and Budgets (OMB) Office of Federal Procurement Policy issued guidance to chief acquisition officers and senior procurement executives to review and update their acquisition policies on the appropriate use of incentive contracts, which includes CPAF contracts. Concerns about the use of CPAF contracts across the Government prompted us to examine how DOTs Operating Administrations manage the use of CPAF contracts. |
| 报告类型： | 科技报告 |
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