Oakland, CA (PRWEB) June 23, 2014
The Contractor Performance Report sets out four areas of assessment - Quality, Timeliness, Cost Control, and Business Relations. The KPA Group was assessed on each individual area across their last several projects. The Engineering and Architectural firm based in the San Francisco Bay Area, Oakland, CA, received two Outstanding assessment ratings and two additional ratings of Very Good for several recently completed projects.
The Contractor Performance Assessment Reporting System has been designed to help the Federal Government make efficient and informed buying decisions. Recording the current performance-related information about contractors like The KPA Group on a regular basis is a powerful motivator which ensures that high standards are maintained. In addition, areas of inadequate or average performance are improved in order to achieve the best ratings.
Contractor performance assessment and recording has been in place across all Federal departments since the passage of the Federal Acquisition Streamlining Act of 1994. Current performance assessment is one of the most important tools for ensuring good contractor performance. It also serves to make sure that best practice procedures are not only maintained, but also continually reviewed and improved.
The Federal Government is the largest acquisition organization in the world which spends approximately $200 billion each year on commercial goods and services. Past performance is now arguably the second-most important selection criteria after price in Government contracting.
The Contractor Performance Assessment Reporting System helps acquisition teams to administer in-process contracts, select high quality contractors, and complete projects that provide the best value to the taxpayer.