DOD Has Increased Its Use of Fixed-Price Incentive Contracts, but Is It Getting Better Outcomes?

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Authors
Clark, Julie A.
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Advisors
Date of Issue
2022-05-02
Date
05/02/22
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Abstract
Department of Defense (DoD) guidance encourages the use of fixed-price-incentive contracts to acquire major weapon systems, where appropriate. These contracts can provide contractors with incentives to keep costs in check and stay on schedule. This presentation looks at (1) the extent to which the DoD has awarded fixed-price incentive contracts associated with Major Defense Acquisition Programs from Fiscal Years 2010 through 2019, and (2) the factors that influenced the DoD’s decision to use fixed-price incentive contracts and the extent to which the DoD has assessed their use, among other objectives.
Type
Conference Paper
Description
Excerpt from the Proceedings of the Nineteenth Annual Acquisition Research Symposium
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NPS Report Number
SYM-AM-22-051
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Distribution Statement
Approved for public release; distribution is unlimited.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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