Predicting contractor financial stability: New insight for source selection
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Authors
Moses, Douglas O.
Liao, Shu S.
Subjects
Source selection
bankruptcy prediction
terminations for default
pre-award survey.
bankruptcy prediction
terminations for default
pre-award survey.
Advisors
Date of Issue
1986-03
Date
1986-03
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
Although a relatively small percentage of the total number of contracts awarded by the Federal Government, contracts terminated for financial reasons can be very costly to the government. This study investigated the feasibility of developing a reliable contractor bankruptcy prediction model. This report begins with a brief discussion of the source selection process, followed by a discussion of the need for a contractor bankruptcy prediction model. A reliable model was developed and validated with real world cases. We conclude that significant cost savings can be realized if our model is utilized during the source selection stage of contracting. Keywords: Source selection; Bankruptcy prediction, Terminations for default, and Pre-award survey
Type
Technical Report
Description
Series/Report No
Department
Identifiers
NPS Report Number
NPS-54-86-003
Sponsors
Naval Postgraduate School, Monterey, CA
Funder
Format
Citation
Distribution Statement
Rights
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.