Appropriate Use of Contract Types in Development Contracts: A Systems Approach with Emphasis on the European Space Sector

摘要

A general contract model and its characteristics were established, while specific models for the three contractual parameters of major influence (cost, delivery time, and performance) were developed. It is possible to establish specific formulas for cost and delivery incentives. Qualitative guidelines for performance and multiple incentives are presented. A model is presented in the form of a decision tree. This makes it possible to select objectively the most appropriate type of contract while taking into account the various environmental influencing factors together with the interests of client and contractor. The model and its underlying rationale help to bridge the communication gap that separates technical staff and contract administrators.