Federal Procurement, Getting Started
Understanding the Types of Federal Contracts
01 Mar, 2018 0 Comments
After our primer on the “Contract Action Types” used by the Federal government, EZGovOpps is now describing another contract attribute searchable as an advanced option in the EZGovOpps software: the actual type of contract used. Take a look below at descriptions of fourteen of the Federal contract types, based on their definitions in the Federal Acquisition Regulation (FAR): Firm Fixed Price A firm fixed price contract, as the name implies, applies a cost to contractor performance at the outset of the...