Abstract
One key factor for the successful completion of an IT (Information Technology) project is selecting and organizing the suitable contract. In Japan, the full-turn-key with Fixed-Price is mainly used for IT projects. In United States there is an incentive type contracts and used to motivate the contractor on federal acquisition. In this paper, we explain the characteristics of contract types which are mainly used in federal acquisition in United States, and consider and classify them from the point of view of motivation. The purpose of this paper is to introduce the characteristics- of contract types. In federal acquisition in United States, motivating type contracts can classify to "incentive type" and "award type". "incentive type"' mainly aims at cost and uses a function to evaluate, on the other hand "award type" aims at quality e.g. and uses scoring. We classify the contract types from the point of view of risk and motivation, and considering the Japanese commercial practice, FPAF is suitable when quality is the important factor for the IT projects.
