044 What are Incentive Contracts?

Published: Sept. 14, 2015, 4 a.m.

b'Incentive contracts are designed to help the Government acquire goods and services at a lower cost or with improved delivery or technical performance. These contracts provide the opportunity for creativity in crafting incentives and also great peril if the incentives aren\\u2019t perfectly aligned with the Government\\u2019s intent.\\n\\n\\tIn this episode Kevin and Paul explain the basic types of incentives and provide examples of how they can help both the Government and Industry if used wisely. But look out\\u2026.the law of unintended consequences can be devastating if the delicate balance of cost, schedule, and performance is not considered with every incentive.\\n\\n\\tIf you need help with the Government market, join the Skyway Connection Community and get access to one-on-one insights, time-saving tools, and contract-centric training resources that will make sure you\\u2019re ready to take advantage of opportunities each time they knock.\\n\\nThe Skyway Connection\\xa9 Community was created specifically to help small companies expand their knowledge and capabilities, and to increase their competitive position in federal government acquisitions. - Learn more at: https://skywayacquisition.com/connect\\n\\nMembership benefits include: \\nAccess to Skyway Insight\\xa9 Webinars \\nUnlimited access to The RFP Score\\u2122 \\nAccess to Ask a Contracting Officer Forum\\u2122 \\nPriority Access to Skyway Team for Skyway Insight, capture, proposal support'