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Title: How Long Does It Take to Award a Government Contract? Understanding PALT Time Frames with Big Data Analytics
Authors: David Gill, Timothy Hawkins
Keywords: Contracting
Procurement Administrative Lead Time
Big Data Analytics
Predictive Modeling
Machine Learning
Data Visualization
Time to Contract Award
Issue Date: 10-May-2021
Publisher: Acquisition Research Program
Citation: Published--Unlimited Distribution
Series/Report no.: Acquisition Management;SYM-AM-21-096
Abstract: Awarding federal contracts is perceived as an excessively lengthy process. The purpose of this research is threefold: (1) to understand the drivers of procurement administrative lead time (PALT), (2) to identify opportunities to reduce PALT, and (3) to predict when specific requirements are likely to be awarded. These analyses will be performed using newly available, government-wide data for over 5 million federal contracts.
Description: Acquisition Management / Defense Acquisition Community Contributor
Appears in Collections:Annual Acquisition Research Symposium Proceedings & Presentations

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