Cost-Type Contracts in the Cross-Hairs at DoD
March 18, 2013
Although the current focus in the federal market centers on budgetary issues like sequestration, continuing resolutions, and the outlook for the fiscal year (FY) 2014 budget there is another aspect that will push agencies to spend less and achieve economies and value for their contract dollar. Here I am referring to acquisition policy – how agencies contract for goods and services with private sector suppliers. Legislators and policymakers have been looking for ways to drive costs out of the system and one recent mandate targets the use of cost-type contracts.