| Summary: | MBA Professional Report === The purpose of this project is to survey the acquisition workforce regarding recent GAO reports and statements made on Award and Incentive Fees. The reports entitled, "DOD Has Paid Billions in Award and Incentive Fees regardless of Outcomes" and 'DOD Wastes Billions of Dollars through Poorly Structured Incentive Fees" have questioned the acquisition methods' effectiveness. In order to analyze the reports, the researchers conducted background research on the proper use and facilitation of Award and Incentive Fees in accordance with Federal Acquisition Regulation (FAR) standards, DoD 5000 policy, and other applicable policies. The research team surveyed a sample size of contracting managers at the 45th Annual Aerospace and Defense Contract Management Conference. The focus of the Conference, "Rules, Risks, and Rewards: The Changing Outlook for Aerospace and Defense Contracting," presented an opportunity for the researchers to survey participants who felt strongly about the GAO reports. Because the survey was conducted in anonymity, the research team was able to gather both positive and negative feedback.
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