184.108.40.206 Performance Risk.
A performance risk assessment is an evaluation of the contractor's past and present performance record to establish a level of confidence in the contractor's ability to perform the proposed effort. Such an evaluation is not limited to programmatic technical issues, but also includes assessment of critical vendor financial viability. Financial capability analyses and industrial capability assessments, conducted in accordance with DoD Handbook 5000.60H, provide insight to a contractor's ability to perform the proposed effort.
A range of methods are available to the PM to evaluate
performance risk. The Performance Risk Assessment Group (PRAG) is a group of
experienced Government personnel that are appointed by the source selection
advisory council Chairperson to permit performance risk to be used, if
appropriate. Performance risk may be separately assessed for each evaluation
factor or as a whole with the assessment provided directly to the source
selection advisory council/authority for final decision or indirectly through
the Source Selection Evaluation Board. The assessment relies heavily (although
not exclusively) on the contractor performance evaluations and surveys
submitted by the PMO and Defense Contract Management Agency (DCMA).