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Incentives in Government Contracting
Paperback
Series: Heritage
ISBN13: 9781487581404
Publisher: Univ Of Toronto Pr
Published: Dec 15 1988
Pages: 182
Weight: 0.63
Height: 0.42 Width: 6.14 Depth: 9.21
Language: English
In a typical market economy, payments from the government to firms account for about one-half of government spending (excluding transfer payments). By changing the way in which a government pays the firms from which it procures goods and services, it would be possible to maintain the existing array of government programs at a lower price.
In addition to advocating the use of incentive contracts, the study analyses the consequences of preferential treatment for domestic content over foreign content in government procurement, discusses the choice for a government agency between producing a commodity or service in-house and contracting for its provision with a private firm, and examines the experience with contracting of both the Ontario government and the United States Department of Defense in order to draw lessons for government contracting in general.
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