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 Measuring the Impact of Sequestration and the Drawdown on the Defense Industrial Base by Gregory Sanders, Jesse Ellman
Cover of the book Militancy and the Arc of Instability by Gregory Sanders, Jesse Ellman
Cover of the book A Roadmap for U.S.-Russia Relations by Gregory Sanders, Jesse Ellman
Cover of the book Central Asia in a Reconnecting Eurasia by Gregory Sanders, Jesse Ellman
Cover of the book Defense 2045 by Gregory Sanders, Jesse Ellman
Cover of the book Promoting Peace in Myanmar by Gregory Sanders, Jesse Ellman
Cover of the book Japan's Global Health Policy by Gregory Sanders, Jesse Ellman
Cover of the book U.S. Military Forces in FY 2019 by Gregory Sanders, Jesse Ellman
Cover of the book Russia's Contribution to China's Surface Warfare Capabilities by Gregory Sanders, Jesse Ellman
Cover of the book Analysis of the FY 2017 Defense Budget by Gregory Sanders, Jesse Ellman
Cover of the book Chinese Strategy and Military Power in 2014 by Gregory Sanders, Jesse Ellman
Cover of the book Managing Fragility and Promoting Resilience to Advance Peace, Security, and Sustainable Development by Gregory Sanders, Jesse Ellman
Cover of the book Amphibious Shipping Shortfalls by Gregory Sanders, Jesse Ellman
Cover of the book Religion and Violence in Russia by Gregory Sanders, Jesse Ellman
Cover of the book Azerbaijan in a Reconnecting Eurasia 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