Fixed-price contracts increase under stimulus law

Federal agencies have significantly increased their use of fixed-price contracts funded by the economic stimulus law in the last three months, according to a new report from Input, a market research firm in Reston, Va. To date, the federal government has awarded 48 percent of the value of reported contract obligations by using fixed-price contracts, Input said in its Nov. 5 report. Fixed-price contracts totaled $8 billion out of $16.5 billion awarded.

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