Code of Federal Regulations · Section
§ 37.601 — 37.601 General
48 C.F.R. § 37.601
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(a) Solicitations may use either a performance work statement or a statement of objectives (see 37.602).
(b) Performance-based contracts for services shall include—
(1) A performance work statement (PWS);
(2) Measurable performance standards (i.e., in terms of quality, timeliness, quantity, etc.) and the method of assessing contractor performance against performance standards; and
(3) Performance incentives where appropriate. When used, the performance incentives shall correspond to the performance standards set forth in the contract (see 16.402-2).
Authorizing Statute
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Administrative40 U.S.C. § 121
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Chapter 137 legacy provisions10 U.S.C. § 3016
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Powers of the Administration in performance of functions51 U.S.C. § 20113