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Questions that need to be answered in the paper:
Use of Incentive Contracts (8)
1. Is it possible or even appropriate to ever combine the two types of incentive contracts such that both incentive and award fees may be earned on the same contract?
2. What sort of objective measurements might be applied?
3. What sort of objective disincentives (penalties) might be applied?
4. What are the concerns regarding the use of disincentives?
5. As a business advisor to your customer, what guidance might you give your customer regarding the use of an incentive contract when procuring a complex, high profile requirement where those requirements may not be clearly known?
Attachment:- Contracts Requirements.rar
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