Time and materials contracts
Subtitle: a management guide for pre & post award
By:  Gary A. Broadwell
Publisher: Naval Postgraduate School; Available from National Technical Information Service
Published: 1994
Place of publication: Monterey, Calif; Springfield, Va
Language: eng
Number of pages: 169
Description: This thesis investigates and analyzes the principal features and sources of difficulties associated with the Time and Materials (T & M) contract and how these difficulties might be mitigated. Through personal interviews and a review of available literature, the research suggests ways to structure and manage T & M contracts during the pre-award phase, including incorporation of possible incentives, to motivate both the Government and the contractor to perform T & M contracts as efficiently as possible. Further, the research examined the administration and monitoring of T & M contracts during the post award phase, in order to mitigate the difficulties inherent during this portion of the contract. The research effort serves as a management guide which will benefit both Procuring Contracting Officers (PCO) and Administrative Contracting Officers (ACO) in the successful structuring and administration of T & M contracts.
Notes: Thesis advisor(s): David V. Lamm, Rebecca J. Adams.

"June 1994."

Thesis (M.S. in Management) Naval Postgraduate School, June 1994.

Includes bibliographical references.

Approved for public release; distribution unlimited.

Also available online.

Mode of access: World Wide Web.

System requirements: Adobe Acrobat Reader.

US Navy (USN) author.