Award term incentive: how it might be implemented at U.S. Naval procurement activities
Lowther, James M.
Tudor, Ron T.
Barnard, James M.
MetadataShow full item record
In this day of acquisition reform, Government contracting officers are continually urged to gbsthink out of the boxgcs for ways to deliver better contracting products and services to customers. Award term incentive, a variation of the award fee incentive described in FAR 16.405-2, was first used in Government contracting 1997. It has been used in those situations where a long-term business relationship is seen as being advantageous to both the contractor and the Government. The purpose of this thesis is to evaluate the critical issues associated with establishing strategic long-term purchasing relationships between U.S. Naval procurement activities and their suppliers through the use of the award term incentive. The thesis considers the elements of the award term incentive in order to identify barriers to successfully implementing this best commercial practice. The methodology employed to gather data was a survey distributed to Navy contracting activities. The survey data was analyzed to identify the key issues of effectively utilizing the award term incentive. The thesis concludes with recommendations for implementing the use of award term at Naval procurement activities.
RightsThis 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.
Showing items related by title, author, creator and subject.
Wallner, Michael H. (Monterey, California. Naval Postgraduate School, 1993-12);The Defense Business Operations Fund (DBOF) is an attempt to incorporate private sector business incentives into the public sector. Truly efficient incentive initiatives must provide the motivation and necessary resources ...
Winters, Brandon R. (Monterey, California: Naval Postgraduate School, 2017-12);Human trafficking is a global concern that victimizes countless individuals worldwide. The hotel industry, which traffickers often exploit, is in a unique position to assist in the prevention of sex trafficking; therefore, ...
Donahue, Peter S. (Monterey, CA; Naval Postgraduate School, 2022-03);The Northern Sea Route (NSR) has been important to Russian strategy since the 1930s. Climate change has increased average global temperature and caused sea ice to melt. Access to the NSR has been steadily increasing, ...