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A Case Study Of Epa Clauses As They Apply To Fixed Price Contracts, Trevor A. Enos
A Case Study Of Epa Clauses As They Apply To Fixed Price Contracts, Trevor A. Enos
Theses and Dissertations
Adjusting fixed price contract prices over long periods of performance is vital to protect both the government and contractor from market price fluctuations. This is accomplished via an Economic Price Adjustment (EPA) clause which currently utilize forecasts of producer price indexes (PPI) as a baseline. There is currently a lack of research on if the use of these forecasts as a baseline for calculating EPAs is the best alternative. This research involves determining the validity of using Global Insight (GI) forecasts for the purpose of calculating EPAs in fixed price contracts. Two EPA clauses are examined as a case study …
An Analysis Of Profit Margin In Relation To The Better Buying Power Initiative, Jerry (Trey) L. Baker Iii
An Analysis Of Profit Margin In Relation To The Better Buying Power Initiative, Jerry (Trey) L. Baker Iii
Theses and Dissertations
Recent Better Buying Power (BBP) initiatives have sought to better contractually align contractor profit with performance. Profit should incentivize efficiency in cost and schedule and only be awarded when earned. The current research seeks evidence that BBP has been effective in improving performance. The first part of the research examines the trends of profit margin and cost growth both before and after the implementation of the first BBP initiative. BBP recommended the use of incentive type contracts over award fee contracts, where appropriate. This research found an increased use of incentive type contracts and a reduced use of award fee …
Comparing Estimated To Actual Development Budgets For Air Force Space Programs, Christopher J. Elworth
Comparing Estimated To Actual Development Budgets For Air Force Space Programs, Christopher J. Elworth
Theses and Dissertations
The accuracy of budget estimates is vital in ensuring cost efficiency and decreasing the possibility of budget and schedule growth. The goal of this study was to determine when budget estimates increase and what may cause those increases. Percent schedule and linear interpolation was used to analyze the budget changes. Space program budget growth does not increase at a constant rate between Milestone B (MS B) and Initial Operational Capability (IOC). When an exponential curve was fit to the deviations in budget growth, the mean and median R2 for the programs in this study were .83 and .91, respectively. Many …
An Analysis Of Estimate Variance In Program Office Estimates, Benjamin J. Bonenfant
An Analysis Of Estimate Variance In Program Office Estimates, Benjamin J. Bonenfant
Theses and Dissertations
Past research has shown that predicting the cost growth within DoD systems is an important topic. Total program cost growth and predictors of program cost growth have been studied. Kozlak (2017) studied cost growth at four major reviews: Critical Design Review, First Flight, Development Test and Evaluation End, and Initial Operating Capability. This research attempts to assess cost growth and cost variance at similar points in a program life cycle. In the past the majority of studies have been done identifying programs as either: Acquisition Category (ACAT) I and non-ACAT I programs, or Major Defense Acquisition Programs (MDAP) and non-MDAP …
Developing Standard Emd Cost Factors For Major Defense Acquisition Program (Mdap) Platforms, Matthew R. Markman
Developing Standard Emd Cost Factors For Major Defense Acquisition Program (Mdap) Platforms, Matthew R. Markman
Theses and Dissertations
This research involves the creation of standard factors that more accurately reflect observed outcomes in the development stages of major programs. Traditionally, estimation techniques such as analogy, parametric, engineering build-up, and factors are utilized to develop budgets and serve as the baseline for measuring project progress. This effort accomplishes the development and creation of 443 new standard cost factors that are delineated by five categories: commodity type, contract type, contractor type, development type, and service. The factors are developed for those elements that are "common" in a wide array of projects such as program management, systems engineering, data, training or …