Transparency and Accountability in Contract Management - Office of ...

Assessing Program Performance― The Recovery ActOMB guidance sets the expectation that agencies willactively monitor contracts to ensure that performance,cost, and schedule goals are being met by:• Ensuring that incentive and award fees are administered effectively ;• Implementing quality assurance procedures established for the contract;• Documenting timely inspection and acceptance of deliverables;• Promptly using all available tools to identify and remedy deficienciesrelated to contractor performance, cost, and schedule (e.g., QualityAssurance Surveillance Plans, cure notices, show cause letters); and• Completing timely evaluations of contractor performance that accuratelyreflect the contractor’s actual performance, supported by appropriatedocumentation.Transparency and Accountability in Contract ManagementOMB Guidance II, p. 59, section 6.327