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Yeah, there is a push to move to the firm fixed price contracts. The contractors hate those, since they’re higher risk. Both parties would benefit from somethin
by lumb63 4y ago
Yeah, there is a push to move to the firm fixed price contracts. The contractors hate those, since they’re higher risk. Both parties would benefit from something more incremental and agile. For example, maybe 10% of the contract is paid at specific, agreed-upon milestones. That would allow for better incentives at lower risk to the contractor, since forecasting a decade-long contract is immensely difficult.