Why is it preferred to use a firm fixed type contract

Reference no: EM133729336

Topic: Government Contracting

Review the Presidential Directive on Government Contracting found in the Content section.

Why does the President want to reduce Cost-reimbursement contracts?
Why is it preferred to use a Firm Fixed type contract?
Who accepts the greatest risk under each type of contract?
Why is competition favored over sole source?

Reference no: EM133729336

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