I mean there's almost certainly crime that happens in contracting but there is a real risk of being caught if you commit fraud. Do remember that companies such

I mean there's almost certainly crime that happens in contracting but there is a real risk of being caught if you commit fraud. Do remember that companies such as Google do pay out literally millions of dollars to random people that send in invoices for work never requested or done. Cost+ at face-value isn't that bad of an idea. An alternative to it is the government hiring a bunch of people to do a project and ideally the government only pays Cost in that case. For people that don't believe the government can do anything this is a pretty good trade off. IIRC, the `+` part is capped at 15% profit so IIUC that's similar to an operating margin of 15%. Although IIUC, executive expenses and a ton of other things come out of the `+` part so it should be lower than 15%. But the point I'm going to make here is that an operating margin of 15% isn't really impressive and that's the best that the contractor can do.