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.
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.