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Incentive Contracting

This one-day, elective course will introduce you to the concept of incentive contracts. You will review how to select a contract type, determine risk, implement incentive contract modifications, and compare elements of an incentive arrangement to structure a negotiation objective. This course will also discuss how to examine the current recommended approaches for incentive contracts, and add a performance or delivery incentive to a Cost Plus Incentive Fee (CPIF) or Fixed Price Incentive Firm (FPIF) contract.

Learning Objectives

  • Identify types of incentive contracts
  • Explain the use and application of different contract types
  • Analyze incentive objective and subjective arrangements
  • Select an appropriate cost share
  • Determine the government’s objectives for an incentive arrangement given a contractor’s proposal
  • Examine the current recommended approaches for incentive contracts

Pre-Requisites

None

Course ID

INCENT CON-EL

Length

2 Days

CLPs

16

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© 2021 Business Management Research Associates, Inc. | All Rights Reserved

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© 2021 Business Management Research Associates, Inc. | All Rights Reserved

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