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2. Procurement Rules and Practices
Avoiding the Most Appropriate Contract Types
With the Government’s policy to restrict use of “high risk” contracts, many instances exist where the best suited contract types are not utilized. This includes cost reimbursement and time and material (T&M)/labor hour (LH) types. It is especially evident in IT development projects. In many cases such as when using Agile, T&M/LH makes sense and the insistence on fixed price either drives up cost unnecessarily and/or ...more »
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