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In recent years, several U.S. government agencies have pioneered the use of artificial intelligence (AI) and other emerging technologies to improve the efficiency and accuracy of their 'responsibility determinations' (reviews of, among other things, contractor representations and certifications,...
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This paper studies A+B (cost-plus-time) procurement contracting with time incentives in the highway construction … completion time, and the A+B contract design is not ex post efficient. Using data from highway procurement contracts in …
Persistent link: https://www.econbiz.de/10012822655
manufacturer who sources a key component using different procurement options: a long-term order on a price-only contract, short … the given period for possibly multiple adjustments. We discuss the optimal procurement strategies and the criteria for …
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This paper studies cost-plus-time (A+B) procurement contracting with time incentives in the highway construction … completion time, and the A+B contract design is not ex-post efficient. Using data from highway procurement contracts in …
Persistent link: https://www.econbiz.de/10014237545
Procurement control (PC) is a practice that the buyer controls the material procurement of the supplier and at the same …
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