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Award Term Incentive Contracting: An Investigation Of United States Air Force Strategic Purchasing, Rachael A. Harris
Award Term Incentive Contracting: An Investigation Of United States Air Force Strategic Purchasing, Rachael A. Harris
Theses and Dissertations
This research explored implementing a best commercial practice of establishing strategic purchasing relationships within the Department of Defense (DOD) procurement environment. The research was sparked by Air Force Material Command's (AFMC) instituting a commercial style acquisition strategy using an award term incentive on several programs. The award term incentive provides for extensions or reductions to the term of the contract based on contractors' level of performance. Forthcoming implementation of Air Force FAR supplement 5317.7X Incentive Term Extension, will likely increase the number of acquisitions using an award term incentive. Research findings indicate that management should consider expanding the AFMC award …