Fixed-Price Incentives - Are They Being Used Properly?

Thursday, March 29, 2018 12:00pm - 1:30pm EDT  
Host: NCMA

Over the past several years, there has been a shift toward fixed-price-incentive-fee (FPIF) contract types, especially within the Department of Defense (DOD) with the implementation of the Better Buying Power initiatives, and the prevalence of FPIF contracting does not appear to be shifting under the new administration. This presentation examines the nature of FPIF contracts and how they have been misused in several areas—particularly contracts for professional services and sustainment efforts. However, we recognize that there may be different opinions with regard to this topic, and attendee input is welcomed and encouraged, especially from those having specific examples of whether there will be a reduction in the use of FPIF for specific contract arrangements.

Key Takeaways:

Examination of FPIF contracting
Appropriate use of the FPIF contract type
Areas of concern for misuse by DOD 

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