2017 NDAA Establishes Preference For DoD Fixed-Price Contracts

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The 2017 National Defense Authorization Act creates a preference for the Department of Defense to use fixed price contracts and requires programs to obtain executive approval of cost-reimbursement procedures for certain high-value acquisitions. Within 180 days for the bill’s enactment, DoD must amend the DFARS to establish a preference for fixed-price contracts, including fixed-price incentive […]
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