Break large contracts into several shorter-term, lower dollar procurements.
Modular procurement is a procurement model that breaks what would traditionally be a large, monolithic contract into several shorter-term, lower dollar amount contracts. When combined with human-centered and agile practices, it can mean allowing those who use your services to use portions of the new software faster.
- As the government needs to more closely monitor the performance of smaller contracts they can help remedy problems to avoid cost overlays and drawn out schedules. In contrast, the vast majority of larger projects are overbudget or failing
- Modular procurement makes it easier to manage software development by segmenting risk
- This acquisition strategy permits isolated failure in one unit of many units, rather than letting it impact the entire project
- Because each project is smaller, they are easier to comprehend and manage, making problems and risks smaller so you can recognize and resolve them more easily
- SMALL BUSINESS BENEFIT: Smaller contracts provide small businesses more manageable opportunities better aligned with their capabilities
Small Business
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