If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)

FAR Part 16.401 describes incentive contracts. Incentives fall into 3 general categories: cost, performance, and schedule.

Kevin and Paul discuss delivery incentives (FAR 16.402-3) and provide an overview of how delivery incentives can be used.  You want it fast, you’ll get it fast!  Don’t forget the law of unintended consequences when using any kind of incentives.

Learn why faster isn’t always better, even if the cost and performance stay the same.  And always remember, communication is key when structuring incentives to ensure that both parties’ needs are met.

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Kevin Jans and Paul Schauer created the Contracting Officer Podcast to help Government and Industry acquisition professionals understand more about how the other side thinks.  Admittedly, the podcast’s name sounds very limiting.  It is not just for contracting officers or even just for those in the contracting profession.  Anyone with an interest in the Federal acquisition world can benefit from the insight and down-to-earth explanations of complicated topics provided by the hosts.

  • Odo Blau

    The subject of contract incentives should not be separated from contract disincentives, for example when the contractor is penalized for late deliveries.

Contracting Officer Podcast © 2016
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