Use of Incentives in Performance-Based Logistics Contracting

Nonfiction, Social & Cultural Studies, Political Science, International, International Security
Cover of the book Use of Incentives in Performance-Based Logistics Contracting by Gregory Sanders, Jesse Ellman, Center for Strategic & International Studies
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Gregory Sanders, Jesse Ellman ISBN: 9781442280663
Publisher: Center for Strategic & International Studies Publication: April 19, 2018
Imprint: Center for Strategic & International Studies Language: English
Author: Gregory Sanders, Jesse Ellman
ISBN: 9781442280663
Publisher: Center for Strategic & International Studies
Publication: April 19, 2018
Imprint: Center for Strategic & International Studies
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Center for Strategic & International Studies

Cover of the book Implications of Ultra-Low-Cost Access to Space by Gregory Sanders, Jesse Ellman
Cover of the book The Costs of Corruption by Gregory Sanders, Jesse Ellman
Cover of the book Global Development Monitor by Gregory Sanders, Jesse Ellman
Cover of the book Project on Nuclear Issues by Gregory Sanders, Jesse Ellman
Cover of the book Beyond the Water's Edge by Gregory Sanders, Jesse Ellman
Cover of the book Pathways to Productivity by Gregory Sanders, Jesse Ellman
Cover of the book History Lessons for the Arctic by Gregory Sanders, Jesse Ellman
Cover of the book The Evolving Military Balance in the Korean Peninsula and Northeast Asia by Gregory Sanders, Jesse Ellman
Cover of the book Africa in the Wider World by Gregory Sanders, Jesse Ellman
Cover of the book Reforming and Reorganizing U.S. Foreign Assistance by Gregory Sanders, Jesse Ellman
Cover of the book Shifting Political Economy of Russian Oil and Gas by Gregory Sanders, Jesse Ellman
Cover of the book Realizing the Potential of U.S. Unconventional Natural Gas by Gregory Sanders, Jesse Ellman
Cover of the book U.S. Department of Defense Contract Spending and the Industrial Base, 2000-2013 by Gregory Sanders, Jesse Ellman
Cover of the book Egypt in Williamsburg by Gregory Sanders, Jesse Ellman
Cover of the book Beyond Aid by Gregory Sanders, Jesse Ellman
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy