|
Performance-based Contracting
Performance-based contracting (PBC) or results-based contracting, is a procurement strategy used to achieve measurable supplier performance. A PBC approach focuses on developing strategic performance metrics and directly relating contracting payment to performance against these metrics. Common metrics include availability, reliability, maintainability, supportability and total cost of ownership. The primary means of accomplishing this are through incentivized, long-term contracts with specific and measurable levels of operational performance defined by the customer and agreed on by contracting parties. The incentivized performance measures aim to motivate the supplier to implement enhanced practices that offer improved performance and cost effective. This stands in contrast to the conventional transaction-based strategy, where payment is related to completion of milestones and project deliverables. In PBC, a part or the whole payment is tied to the performance of the provider a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Procurement
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a government agency buys goods or services through this practice, it is referred to as '' government procurement'' or public procurement. Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Institute Of Procurement & Supply
The Chartered Institute of Procurement & Supply (CIPS), formerly the Chartered Institute of Purchasing & Supply, is a global professional body working for the procurement and supply profession in many regions of the world. It promotes best practice and provides services for non-professionals and its over 64,000 members in 180 countries. It received its Royal Charter from Queen Elizabeth II in 1992, and offered its members Chartered Status in 2014; members are eligible for Chartered Status after completing a programme of continuing professional development including the successful completion of the CIPS ethics test. CIPS promotes and develops high standards of professional skill, ability, and integrity among all those engaged in procurement and supply chain management. Its headquarters are located in Easton on the Hill, just inside Northamptonshire, near Stamford, Lincolnshire but it has offices around the world and partnerships in other countries where it has a presence. CIPS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anzac Class Frigate
The ''Anzac'' class (also identified as the ''ANZAC'' class and the MEKO 200 ANZ type) is a ship class of ten frigates; eight operated by the Royal Australian Navy (RAN) and two operated by the Royal New Zealand Navy (RNZN). During the 1980s, the RAN began plans to replace the s (based on the British ) with a mid-capability patrol frigate and settled on the idea of modifying a proven German design for Australian conditions. Around the same time, the RNZN was seeking to replace their ''Leander''-class frigates while maintaining blue-water capabilities. A souring of relations between New Zealand and the United States in relation to New Zealand's nuclear-free zone and the ANZUS security treaty prompted New Zealand to seek improved ties with other nations, particularly Australia. As both nations were seeking warships of similar capabilities, the decision was made in 1987 to collaborate on their acquisition. The project name (and later, the class name) is taken from the Australia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurofighter Typhoon
The Eurofighter Typhoon is a European multinational twin-engine, supersonic, canard delta wing, multirole fighter. The Typhoon was designed originally as an air-superiority fighter and is manufactured by a consortium of Airbus, BAE Systems and Leonardo that conducts the majority of the project through a joint holding company, Eurofighter Jagdflugzeug GmbH. The NATO Eurofighter and Tornado Management Agency, representing the UK, Germany, Italy and Spain, manages the project and is the prime customer. The aircraft's development effectively began in 1983 with the Future European Fighter Aircraft programme, a multinational collaboration among the UK, Germany, France, Italy and Spain. Previously, Germany, Italy and the UK had jointly developed and deployed the Panavia Tornado combat aircraft and desired to collaborate on a new project, with additional participating EU nations. Disagreements over design authority and operational requirements however, led France to leave the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing Defense, Space & Security
Boeing Defense, Space & Security (BDS) is a division of Boeing, the Boeing Company based in Arlington, Virginia, near Washington, D.C. The division builds military Military aircraft, airplanes, Military helicopter, rotorcraft, and Missile, missiles, as well as space systems for both Private spaceflight, commercial and military customers, including Satellite, satellites, spacecraft, and Rocket, rockets. It was formerly known as Boeing Integrated Defense Systems (IDS), which was formed in 2002 by combining the former "Military Aircraft and Missile Systems" and "Space and Communications" divisions. The group that brought together major names in aerospace; Boeing Military Airplane Company; Hughes Satellite Systems; Hughes Helicopters (the civilian helicopter line was divested as MD Helicopters); Piasecki Helicopter (subsequently known as Boeing Vertol and Boeing Helicopters); the McDonnell Aircraft Corporation, McDonnell division of McDonnell Douglas; and the former North American Avi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAE Systems Hawk
The BAE Systems Hawk is a British single-engine, subsonic, jet-powered advanced trainer aircraft. Its aluminum alloy fuselage is of conventional string-frame construction. It was first known as the Hawker Siddeley Hawk, and subsequently produced by its successor companies, British Aerospace and BAE Systems. It has been used in a training capacity and as a low-cost combat aircraft. Operators of the Hawk include the Royal Air Force (notably the Red Arrows display team) and several foreign military operators. The Hawk was produced at BAE Brough until 2020 in the UK, and continues to be produced under licence in India by Hindustan Aeronautics Limited (HAL), with over 1000 Hawks sold to 18 operators around the world. Development Origins In 1964, the Royal Air Force specified a requirement (Air Staff Target, AST, 362) for a new fast jet trainer to replace the Folland Gnat. The SEPECAT Jaguar was originally intended for this role, but it was soon realised that it would be too co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Accountability Office
The United States Government Accountability Office (GAO) is an independent, nonpartisan government agency within the legislative branch that provides auditing, evaluative, and investigative services for the United States Congress. It is the supreme audit institution of the federal government of the United States. It identifies its core "mission values" as: accountability, integrity, and reliability. It is also known as the "congressional watchdog". The agency is headed by the Comptroller General of the United States. The comptroller general is appointed by the president with the advice and consent of the Senate. When a vacancy occurs in the office of the comptroller general, Congress establishes a commission to recommend individuals to the president. The commission consists of the following: *the speaker of the United States House of Representatives *the president pro tempore of the United States Senate *the majority and minority leaders of the House of Representatives and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Defense
The United States Department of Defense (DoD, USDOD, or DOD) is an United States federal executive departments, executive department of the federal government of the United States, U.S. federal government charged with coordinating and supervising the six U.S. armed services: the United States Army, Army, United States Navy, Navy, United States Marine Corps, Marines, United States Air Force, Air Force, United States Space Force, Space Force, the United States Coast Guard, Coast Guard for some purposes, and related functions and agencies. As of November 2022, the department has over 1.4 million active-duty uniformed personnel in the six armed services. It also supervises over 778,000 National Guard (United States), National Guard and reservist personnel, and over 747,000 civilians, bringing the total to over 2.91 million employees. Headquartered at the Pentagon in Arlington County, Virginia, just outside Washington, D.C., the Department of Defense's stated mission is "to provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Materiel Organisation
The Capability Acquisition and Sustainment Group (CASG) is an organisation within the Department of Defence (Australia), Australian Department of Defence, responsible for Military acquisition, acquisition, Military supply chain management, supply chain management, and sustainment of military equipment and materiel including aircraft, ships, vehicles, electronic systems, weapons, ordnance, uniforms and rations for the Australian Defence Force. CASG employs more than 7000 military, civilian and contracted staff in more than 70 locations around Australia and internationally. CASG was established in June 2015 after the Defence Materiel Organisation was disbanded after recommendations from the First Principles Review. As of 30 June 2021, Defence through the Capability Acquisition and Sustainment Group (CASG) was managing 161 major projects and 13 minor acquisition projects, at various phases in the Capability Life Cycle, worth a total of $121.6 billion, with an annual acquisition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Government Publishing Office
The United States Government Publishing Office (USGPO or GPO), formerly the United States Government Printing Office, is an agency of the legislative branch of the United States federal government. The office produces and distributes information products and services for all three branches of the Federal Government, including U.S. passports for the Department of State as well as the official publications of the Supreme Court, the Congress, the Executive Office of the President, executive departments, and independent agencies. An act of Congress changed the office's name to its current form in 2014. History Establishment of the Government Printing Office The Government Printing Office was created by congressional joint resolution () on June 23, 1860. It began operations March 4, 1861, with 350 employees and reached a peak employment of 8,500 in 1972. The agency began transformation to computer technology in the 1980s; along with the gradual replacement of paper with el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fixed-price Contract
A fixed-price contract is a type of contract for the supply of goods or services, such that the agreed payment amount will not subsequently be adjusted to reflect the resources used, costs incurred or time expended by the contractor. This contract type may be contrasted with a cost-plus contract, which is intended to cover the costs incurred by the contractor plus an additional amount for profit, and with time-and-materials contracts and labor-hour contracts.General Services AdministrationFederal Acquisition Regulation Subpart 16.2 - Fixed-Price Contracts effective 12 April 2023, accessed 16 January 2024 Fixed-price contracts are one of the main options available when contracting for supplies to governments. Fixed prices can require more time, in advance, for sellers to determine the price of each item. However, the fixed-price items can each be purchased faster, but bargaining could set the price for an entire set of items being purchased, reducing the time for bulk purchases. Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Defense Authorization Act
The National Defense Authorization Act (NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961. The U.S. Congress oversees the defense budget primarily through two yearly bills: the National Defense Authorization Act and defense appropriations bills. The authorization bill is the jurisdiction of the Senate Armed Services Committee and House Armed Services Committee and determines the agencies responsible for defense, establishes recommended funding levels, and sets the policies under which money will be spent. The appropriations bill provides funds. The passage of a Defense Authorization Act is often used by Congress to honor a senior congress member or other individual. For example, the National Defense Authorization Act for Fiscal Year 2001 is known as the "Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001" in honor of Representative Floyd ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
