What is a performance based service contract?
What is a performance based service contract?
Performance-based service contracting (PBSC) emphasizes that all aspects of an acquisition be structured around the purpose of the work to be performed as opposed to the manner in which the work is to be performed or broad, imprecise statements of work which preclude an objective assessment of contractor performance.
What is a performance based logistics contract?
Summary. Performance-Based Logistics (PBL) contracts provide services or sup- port where the provider is held to customer-oriented performance requirements. These contracts are not necessarily designed to save money, but rather to maintain or improve current system or platform performance in a cost constrained world.
What is performance based service acquisition?
Performance-based Service Acquisition (PBA) means an acquisition structured around the results to be achieved as opposed to the manner by which the work is to be performed.
What is contracting in supply chain?
Contract management is a strategic management discipline employed by both buyers and sellers whose objectives are to manage customer and supplier expectations and relationships, control risk and cost, and contribute to organizational profitability/success.
Which of the following are key elements of performance based logistics?
Two key elements, regardless of contract type but especially valuable on performance-based logistics are: strategic analysis and planning, a predictive capability to improve forecasting and long-term planning across the portfolio, and operational excellence, performance-focused behaviors at all levels of the enterprise …
How long are PBL contracts?
3 to 5 years
Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years. They also typically feature provisions to recognize supplier investment and opportunities to recoup investments.
What are the benefits of performance based acquisition?
Performance-Based Acquisition (PBA) Approach This approach allows private firms more flexibility to conduct operations in a manner that is cost-effective for their company while ensuring that required milestones are achieved.
What are the types of contracts in supply chain management?
Contract types
- Two-part tariff. In this case the customer pays not only for the purchased goods, but in addition a fixed amount called franchise fee per order.
- Quantity discount.
- Capacity options.
- Buyback/return.
- VMI contract.
What are the types of contracts in procurement?
Fixed Price Contracts: Fixed price contracts are also known as lump-sum contracts. A fixed-price contract is the best way to make sure that you keep your costs low and get certainty around the scope of work for a fixed tenure.
What is PBC in performance management?
PBC is an outcomes based contracting method that ties a range of monetary and non-monetary consequences to the contractor based on their accomplishment of measurable and non achievable performance.
What is contractor logistics support?
Contractor Logistics Support (CLS) refers to a mutually agreed upon set of integrated logistical support services, assets, and resources that an outside company becomes contractually obligated to provide to a government agency or department, a corporation, or other legal entity.
Are Cdrls required?
Contracts & Legal DFAR Subpart 215.470 requires the use of the CDRL in solicitations when the contract will require delivery of data. Definition: The Contract Data Requirement List (CDRL) identifies the specific data requirements (products) that must be delivered by a contractor to the government.
Who writes the PWS?
(a) A Performance work statement (PWS) may be prepared by the Government or result from a Statement of objectives (SOO) prepared by the Government where the offeror proposes the PWS.
How do you write a good PWS?
Performance Work Statement (PWS) / Statement of Objectives (SOO)
- Describe work in terms of required results rather than “how” the work is to be accomplished or the number of hours to be provided.
- Enable assessment of work performance against measurable performance standards.