An analysis of government contract terminations

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Authors
Hughes, Thomas William.
Duke, James Robert Jr.
Subjects
termination for default
termination for convenience
Altman's Z-score
termination prediction
Advisors
Liao, S.
Date of Issue
1985-06
Date
June 1985
Publisher
Language
en_US
Abstract
The purpose of this thesis is to investigate if the Federal Government could realize cost savings through an analysis of contracts that have been terminated. A sampling of contracts from various Federal Government agencies was gathered and divided into two categories : terminations for financial reasons and terminations for non-financial reasons Terminations for financial reasons were analyzed with a bankruptcy prediction model, while a qualitative analysis was performed on terminations for non-financial reasons. From the bankruptcy prediction model analysis, it was apparent that the model was only somewhat useful as a predictor of termination for default. It was shown from the qualitative analysis that the Federal Government was predominantly at fault in terminations for convenience (95% of the analysis sample) and that 66% of the terminations for convenience in the sample were for reasons that the Federal Government could have controlled.
Type
Thesis
Description
Series/Report No
Department
Administrative Sciences
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funding
Format
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.
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