alt Hacker NewsHow are these types of awards usually structured? Are they just grants? If so, doesn't that create a perverse incentive to take the money even if you never intend to deliver the result?
Replies
ahoka • today at 11:20 AM
No way! That would be a handout.
You can see the two awards on govspending. [1][2]
Interestingly govspending says only $8.7 million of the $10 million award has been outlayed but I guess it's possible it just doesn't have the outlay info for the $123 million contract?
I think the contract type is a 'firm fixed-price definitive contract' but what happens when the contractor doesn't manage to create the production capability in the contract?
I found a FOIA request on muckrock[3] but it didn't seem to have anything related to the contract in terms of penalties.
[1][$123.1 million] https://www.usaspending.gov/award/CONT_AWD_FA850521C0005_970...
https://www.highergov.com/contract/FA850521C0005/
https://g2xchange.com/app/awards/contracts/CONT_AWD_FA850521...
[2][$10 million] https://www.usaspending.gov/award/CONT_AWD_75A50525C00001_75...
[3] https://www.muckrock.com/foi/united-states-of-america-10/con...