Nov 14, 2009

The Obama administration is giving agencies a new, standardized way to assess contractors’ work on award-fee or cost-reimbursement contracts. Under the system, contractors will receive bonus money only if they meet or exceed specific preset objectives.

Excellent 91 to 100 percent
Contractor has exceeded almost all preset objectives of the contract

Very good 76 to 90 percent
Contractor has exceeded many preset objectives of the contract

Good 51 to 75 percent
Contractor has exceeded some preset objectives of the contract

Satisfactory No more than 50 percent
Contractor has met overall criteria

Unsatisfactory 0 percent
Contractor failed to meet overall criteria

Source: Federal Acquisition Regulation

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	Improved reporting technology: by-product of stimulus?
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	Bill would jail those who fraudulently seek set-asides
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	Proposed ethics rules suffer from vagueness
	Proposed rule would require contractors to screen employess

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