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KEYNOTE PRESENTATION
Pages 2-5

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From page 2...
... Superfund got off to a somewhat uncertain start but grew through the 1980s to become a multi-billion dollar environmental restoration program. A number of other federal agencies, most notably the Army Corps of Engineers, as well as states and responsible private parties are key players in the Superfund program and have contracting programs that support the Superfund effort.
From page 3...
... Bearing in mind that conceiving, developing, and bringing on-line a multi-billion dollar contracting strategy easily consumes two years, the following events over the life of Superfund caused chaos in procurement planning: 1. Superfund, a five year, $1.6 billion program was one of the final pieces of legislation signed by President Carter.
From page 4...
... However, many other complicating factors will be shared by any contracts for environmental restoration. These include: Site unknowns Cost uncertainties Evolving technology Resource constraints Public concerns and emotionalism Liability and indemnification Potential for conflicts of interest From a contract management perspective, two trends in particular are worrisome as agencies' environmental contracting programs continue to grow: the increasingly heavy reliance on contractors without commensurate federal staff to adequately oversee this work, and the widespread use of cost reimbursement level-of-effort "umbrella" contracts.
From page 5...
... With regard to costs in this example, contractors submit detailed cost proposals for addressing the specific project, again doing so in a competitive environment. Cost proposals are subject to audit, cost realism analyses, and formal negotiation before a contract is awarded.


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