Performance-based contracting lets government agencies acquire services using contracts that define what is to be achieved, not necessarily how the work is done. The idea is that contractors have the freedom to define how they will achieve the objectives, which allows them to use innovative approaches. The government benefits by receiving best-value products and services.
Once upon a time the assembly line was the symbol of cutting-edge innovation and efficiency in manufacturing. One day soon 3D printing could give the assembly line a run for its money.
Whereas, in traditional manufacturing, parts and pieces are often collected from...Read More