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What are performance-based logistics contracts?

What are performance-based logistics contracts?

PBL (also known as performance-based contracting or contracting for readiness) is a contracting approach that reconsiders the traditional “pay for parts and services” (transactional) model and instead bases the contract primarily on expected performance outcomes.

What is the focus of performance-based logistics?

It seeks to deliver product support as an integrated, affordable performance package designed to optimize system readiness. PBL meets performance goals for a weapon system through a support structure based on long-term performance agreements with clear lines of authority and responsibility.

What is PBL in aviation?

PBL is a more predictive system, where Boeing uses forecasting and long-term plan- ning tools to initiate service on an aircraft before parts or systems wear out.

What are performance-based requirements?

A requirement that defines necessary results without defining the specific means to accomplish them, the “what to do,” but not “how to do it.” The means for producing the desired results is left up to the discretion of the facility based on an evaluation of its needs and conditions, and on industry practices.

What does a product support integrator do?

The PSI is responsible for integrating all sources of support required to perform the contracted services. The Product Support Integrator can look across the entire logistics system for a given platform or item in order to develop the lowest-cost approaches to achieve the specified performance objectives.

What is performance based ratemaking?

Performance-based ratemaking is a utility business-model shift that rewards utilities for performing well on key metrics, such as efficiency, customer service and greenhouse gas emissions reduction.

What are the benefits of performance based acquisition?

Performance-Based Acquisition (PBA) Approach This approach allows private firms more flexibility to conduct operations in a manner that is cost-effective for their company while ensuring that required milestones are achieved.

When did the performance based logistics guidebook come out?

Performance Based Logistics (PBL) Guidebook PREFACE The 2016 Release of the PBL Guidebook includes additional lessons learned and implementation guidance intended to support a Program Management Team through the development and execution of PBL arrangements. It is an update to Release 2015. Additions to the 2016 Release are as follows: 1.

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What is the difference between PBL and contractor logistics support?

A PBL arrangement is not synonymous with Contractor Logistics Support (CLS). CLS signifies the “who” of providing support, not the “how” of the business model. CLS is support provided by a contractor, whether the arrangement is structured around Warfighter outcomes with associated incentives or not.

Which is an example of a performance based contract?

By way of example, a performance based contract consisting of five base years with five additional one year options might require a vendor to maintain a first pass material availability rate of 90 percent (desired outcome).

Term Paper Writing

02/08/2019