Federal agencies might be too generous in rewarding contractors, according to oversight officials who have examined agencies use of use of cost-plus-award-fee contracts. Some members of Congress ...

The space agency is hoping to increasingly use competitions among top vendors and fixed-price contracts as a new way of conducting business--and cutting steep costs for major projects. NASA is working ...

Get the latest federal technology news delivered to your inbox. Sen. John McCain (R-Ariz.) clearly touched a nerve in the federal community when he proposed banning the award of cost-plus contracts as ...

Well, that's exactly what you're doing when you sign a "Cost-Plus-Fee" (CPF) or "Cost-Plus" Contract for your custom Construction Project. Left unchecked, you will overpay for the work. Not you "might ...