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Use of incentives in performance-based logistics contracting / project director, Andrew Hunter, principal authors, Gregory Sanders, Jesse Ellman, contributing authors, Andrew Howe, Grant McDonald.

Van Pelt Library UC263 .S26 2018
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Format:
Book
Author/Creator:
Sanders, Greg, 1980- author.
Ellman, Jesse, author.
Howe, Andrew, author.
McDonald, Grant, author.
Contributor:
Classes of 1883 and 1884 Fund.
Hunter, Andrew
Language:
English
Subjects (All):
Defense contracts.
Management.
United States.
Logistics--Contracting out.
Logistics.
Defense contracts--United States--Management.
Defense contracts--Management.
Physical Description:
ix, 63 pages ; 28 cm
Place of Publication:
Washington, DC : Center for Strategic & International Studies ; Lanham, Maryland : Rowman & Littlefield, 2018.
Summary:
Traditional contracting is primarily transactional, rewarding contractors when deliveries are made or certain process milestones are met. Performance-Based Logistic (PBL) contracting seeks to base contractor incentives on ongoing performance measures to achieve reliability and cost savings. Key to the success of these arrangements are the incentives that align the interests of the customer and the vendor. This report describes the incentives used in PBL contracts, identifies best practices, and provides recommendations for effective incentives going forward. The study team interviewed PBL practitioners including defense-unique contractors, defense-commercial contractors, and experts who are knowledgeable in the government perspective in the United States and abroad. The team supplemented these interviews by analyzing a PBL dataset of U.S. Department of Defense contracts. Of the four identified categories of incentives--time-based, financial, scope, and other--interviews found that time-based incentives stood out for their reliable appeal and relative underuse in the United States.
Notes:
"April 2018"--Title page.
"A report of the CSIS Defense-Industrial Initiatives Group"--Title page.
Includes bibliographical references.
Local Notes:
Acquired for the Penn Libraries with assistance from the Classes of 1883 and 1884 Fund.
ISBN:
1442280654
9781442280656
OCLC:
1035298776

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