| ▲ | cherryteastain 3 hours ago | |
How 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? | ||
| ▲ | Brybry 29 minutes ago | parent | next [-] | |
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... | ||
| ▲ | ahoka 2 hours ago | parent | prev [-] | |
No way! That would be a handout. | ||