Congress and multiple administrations keep coming back to the idea of fixed-price contracts, but it's more complicated than that

Fixed‑price contracting is often treated as the answer to cost control in federal acquisition, and it works when requirements are clear and outcomes are known. But as agencies try to apply that model more broadly, they keep running into the reality that many projects don’t start with that kind of certainty. Here with a perspective from the industry side of the table is Brian Miller, president of BMNT.

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