Using cost realism to improve the source selection process
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Authors
Hall, William E.
Subjects
Cost realism
Source selection
Acquisition
Contracting
Source selection
Acquisition
Contracting
Advisors
Guyer, Dean C.
Date of Issue
1987-12
Date
December 1987
Publisher
Language
en_US
Abstract
The source selection decision in a competitively negotiated acquisition is very difficult. Cost
realism is one evaluation factor that may be used to assist in making the source selection
decision. In this study the concept of cost realism and feasible methodologies for achieving it are investigated. The role of cost
realism in the source selection plan and the source selection process is identified and defined. Specific cost realism issues are reviewed and discussed. Cost realism utilization in the Department of the Navy is investigated. The study concludes that cost realism provides useful assistance in making the source selection decision.
Type
Thesis
Description
Series/Report No
Department
Administrative Sciences
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
56 p.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
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.