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Shows & Panels
The risks and rewards of cost-reimbursement contracts
Monday - 12/12/2011, 3:29pm EST
One of the ways the General Services Administration is looking to give contractors incentive to continue to do their best is by putting more cost-reimbursement contracts on the table.
Roger Waldron, the president of the Coalition for Government Procurement who previously served in the General Services Administration, joined In Depth with Francis Rose to discuss the pros and cons of cost-reimbursement contracts.
One of the criticisms of such contracts is that risk is almost entirely shifted to the government.
Waldron provided a short history lesson cost-reimbursement contracts and discussed if they have proven successful.