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A comment on Nelson testifies cost-plus contracts have been a “plague” on NASA. Parent comment
For an expensive one-off like that there needs to be wiggle room to deal with design uncertainties and the unknown-unknowns.
Fixed price might be more reasonable for smaller less expensive missions where the uncertainties are less and the tolerance for failure is higher.
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For an expensive one-off like that there needs to be wiggle room to deal with design uncertainties and the unknown-unknowns.
Fixed price might be more reasonable for smaller less expensive missions where the uncertainties are less and the tolerance for failure is higher.