Search Tags:  labor hours contracts

Agencies slowly moving to fixed-price contracts

A new report from OFPP finds agencies spent a billion dollars less on time-and-materials and labor hours type contracts in 2010. Still, OFPP found an overall increase in cost-reimbursement type contracts. Agencies have a goal to reduce by 10 percent these types of contracts, which the administration calls risky.

Tags: contracting , Dan Gordon , OFPP , NASA , Commerce , Cost reimbursement contracts , time-and-materials contracts , Jason Miller

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Proposal would constrict use of certain contract types

The FAR Council issues a proposed rule to require agencies to justify the use of time-and-materials and labor hours contracts for commercial services. GAO found that agencies didn't understand the rules for buying certain types of services.

Tags: contracting , FAR Council , GAO , time-and-materials contracting , SARA , Jason Miller

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