Tag: contract types
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The type of contract shapes risk, pricing and administration. A plain guide to the main families.
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Profit is part of every federal price, but the government views it differently depending on contract type and how the price is evaluated. Here is a general guide to profit and fee.
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Fixed prices are only as reliable as the costs behind them. Economic price adjustment clauses let certain prices move with markets, costs or indexes. Here is how the three main types work.
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The contract type determines who bears cost risk and how you get paid. Here is a plain overview of the main federal contract types and what each means for you.