An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration
In the last decade, award fee contracts have gained popularity on operations service contracts within the federal government contracting arena. Recently, award fees have been added to fixed-price construction contracts. The objective of award fees in construction contracts is to positively motivate...
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ftdtic:ADA393177 2023-05-15T15:10:27+02:00 An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration Baldwin, Joel L. WASHINGTON UNIV SEATTLE 2001 text/html http://www.dtic.mil/docs/citations/ADA393177 http://oai.dtic.mil/oai/oai?&verb=getRecord&metadataPrefix=html&identifier=ADA393177 en eng http://www.dtic.mil/docs/citations/ADA393177 APPROVED FOR PUBLIC RELEASE DTIC AND NTIS Administration and Management Structural Engineering and Building Technology *CONSTRUCTION *INCENTIVE CONTRACTS THESES COSTS GSA(GENERAL SERVICES ADMINISTRATION) AWARD FEE CONTRACTS FIXED PRICE CONTRACTS FIXED PRICE AWARD FEE CONTRACTS AQ M01-10-2259 Text 2001 ftdtic 2016-02-20T08:03:32Z In the last decade, award fee contracts have gained popularity on operations service contracts within the federal government contracting arena. Recently, award fees have been added to fixed-price construction contracts. The objective of award fees in construction contracts is to positively motivate and reward the contractor to perform beyond the standard which is expected and to emphasize areas of management concern. A study of Fixed-Price Award Fee (FPAF) contracts completed by the General Services Administration (GSA) in the Northwest/Arctic Region from 1996 through 2000 was conducted to analyze construction award fee performance and compare them to other fixed-price contracts. The contracts in this study ranged in price from $ 1.3 million to $13.7 million. Our research found that FPAF cost growth was significantly less than other GSA fixed-price construction and repair contracts during the same period. There were no claims filed on the FPAF contracts over the five-year study period. An analysis was also completed on change order rates, change order types, award fee evaluation procedures and benefits. The results of this study demonstrate that the FPAF contracts have performed well and have enticed Contractors to improve their focus on the owner's core concerns. It also indicates that the use of the evaluated bid form and the performance award fee evaluation provide several advantages to the GSA owner. Text Arctic Defense Technical Information Center: DTIC Technical Reports database Arctic |
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Defense Technical Information Center: DTIC Technical Reports database |
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Administration and Management Structural Engineering and Building Technology *CONSTRUCTION *INCENTIVE CONTRACTS THESES COSTS GSA(GENERAL SERVICES ADMINISTRATION) AWARD FEE CONTRACTS FIXED PRICE CONTRACTS FIXED PRICE AWARD FEE CONTRACTS AQ M01-10-2259 |
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Administration and Management Structural Engineering and Building Technology *CONSTRUCTION *INCENTIVE CONTRACTS THESES COSTS GSA(GENERAL SERVICES ADMINISTRATION) AWARD FEE CONTRACTS FIXED PRICE CONTRACTS FIXED PRICE AWARD FEE CONTRACTS AQ M01-10-2259 Baldwin, Joel L. An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
topic_facet |
Administration and Management Structural Engineering and Building Technology *CONSTRUCTION *INCENTIVE CONTRACTS THESES COSTS GSA(GENERAL SERVICES ADMINISTRATION) AWARD FEE CONTRACTS FIXED PRICE CONTRACTS FIXED PRICE AWARD FEE CONTRACTS AQ M01-10-2259 |
description |
In the last decade, award fee contracts have gained popularity on operations service contracts within the federal government contracting arena. Recently, award fees have been added to fixed-price construction contracts. The objective of award fees in construction contracts is to positively motivate and reward the contractor to perform beyond the standard which is expected and to emphasize areas of management concern. A study of Fixed-Price Award Fee (FPAF) contracts completed by the General Services Administration (GSA) in the Northwest/Arctic Region from 1996 through 2000 was conducted to analyze construction award fee performance and compare them to other fixed-price contracts. The contracts in this study ranged in price from $ 1.3 million to $13.7 million. Our research found that FPAF cost growth was significantly less than other GSA fixed-price construction and repair contracts during the same period. There were no claims filed on the FPAF contracts over the five-year study period. An analysis was also completed on change order rates, change order types, award fee evaluation procedures and benefits. The results of this study demonstrate that the FPAF contracts have performed well and have enticed Contractors to improve their focus on the owner's core concerns. It also indicates that the use of the evaluated bid form and the performance award fee evaluation provide several advantages to the GSA owner. |
author2 |
WASHINGTON UNIV SEATTLE |
format |
Text |
author |
Baldwin, Joel L. |
author_facet |
Baldwin, Joel L. |
author_sort |
Baldwin, Joel L. |
title |
An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
title_short |
An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
title_full |
An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
title_fullStr |
An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
title_full_unstemmed |
An Investigation of Innovative Construction Contracting Methods Used by the General Services Administration |
title_sort |
investigation of innovative construction contracting methods used by the general services administration |
publishDate |
2001 |
url |
http://www.dtic.mil/docs/citations/ADA393177 http://oai.dtic.mil/oai/oai?&verb=getRecord&metadataPrefix=html&identifier=ADA393177 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
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Arctic |
op_source |
DTIC AND NTIS |
op_relation |
http://www.dtic.mil/docs/citations/ADA393177 |
op_rights |
APPROVED FOR PUBLIC RELEASE |
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1766341484823445504 |