Kniha Contract Delays Jacqueline M Leskowich

Contract Delays

The Impact on Department of Defense Contractors' Wealth

Jazyk: Angličtina
Vazba: Brožovaná
Vydavatel: Biblioscholar
Dostupnost: Skladem u dodavatele
Odesíláme za 14-21 dnů
369
The monetary incentives used to motivate DoD contractors' schedule performance on Acquisition Catego...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2012
Stránek
72
EAN
9781288311392
ISBN
9781288311392
Enbook ID
08242928
Vydavatel
Hmotnost
145
Rozměry
189 x 246 x 4

Kompletní popis

The monetary incentives used to motivate DoD contractors' schedule performance on Acquisition Category One programs afford them the opportunity as a whole to earn billions of dollars in addition to their contract award. These incentives are paid 85-90% of the time regardless of schedule performance. While these contractors are paid to avoid delays, there is an indication the delay increases the contractor's stock value. This research tested the theory that contract delays significantly impact the company's stock returns. The results found both positive and negative reactions to a firm's value. Delays caused by budget cuts tend to have a negative impact on a company's wealth, while delays for other reasons such as a restructure or redesign tend to have a positive impact. The findings illustrate that shareholders are aware the impact delays could have on a program and react accordingly and quickly to the market. Undeniably contractors cannot control the program's funding however; there is no incentive for a contractor to avoid other types of delays because of the wealth it generates for the company.

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