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What performance measurements and consequences will be put in place to hold contractors to performing the work for the price, standard, and within the timeframe of the original bid?

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What performance measurements and consequences will be put in place to hold contractors to performing the work for the price, standard, and within the timeframe of the original bid?

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Any contractor who wins a competition under the A-76 competitive sourcing process would be held to the same standards and requirements as any other contractor under the Federal Acquisition Regulations (FAR). Specifically, contractors are evaluated based upon a number of criteria, including their performance relative to the Statements of Work to which they bid. It is, therefore, imperative that the Performance Work Statement on which the contractor and federal employees compete accurately describes the requirements of the function, and that these requirements be translated into a common, measurable set of performance criteria.

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