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A comment on Nelson testifies cost-plus contracts have been a “plague” on NASA. Parent comment

Re:Nelson testifies cost-plus contracts have been a “plague”... by airstrike on Thursday May 05, 2022 @12:07PM (#31275132)
Every relevant detail should be speced out! The irrelevant stuff is irrelevant
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Re:Nelson testifies cost-plus contracts have been a “plague”... by Closi on Thursday May 05, 2022 @01:35PM (#31276287)
In which case, why is it an open book contract?

If the specification is that precice, the best fit is usually a fixed price contract.

Typically open-book contracts is to account for uncertainty / flexibility / changes without having to raise endless CRs/WOs. Those fixed price contracts can still have gainshare mechanisms to identify joint cost saving.

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