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Fixed-Price Contracts

21 published works

  1. Government Contracts Legal Forum

    Fastest 5 Minutes: Fixed-Price Contracting, Protests, CAS, Supply Chain

    By Peter J. Eyre, M.Yuan Zhou

    This week’s episode covers new FAR Council guidance implementing the fixed-price contracting mandate under Executive Order 14402, a Federal Circuit decision on bid protest timeliness, an advance notice of proposed…

  2. Subject to Inquiry

    New Executive Order Mandates Shift to Fixed-Price Contracting, Requires Review of Largest Cost-Reimbursement Contracts

    By Edwin O. Childs, Jason M. Vespoli, Abram J. Pafford, Jack White, John Sullivan, Sophie Marsh

    On April 30, 2026, President Trump signed an Executive Order titled "Promoting Efficiency, Accountability, and Performance in Federal Contracting" (the "Order"), directing executive branch agencies to default to fixed-price contracts…

  3. BuildSmart

    Fixed-Price Contracting as Default: A Shift in Federal Procurement Policy

    By Aron C. Beezley, Patrick R. Quigley

    A recent executive order marks a significant policy shift in federal procurement by directing agencies to default to fixed-price, performance-based contracting. Framed as an effort to promote fiscal discipline, transparency,…

  4. Government Contracts Law

    Cost-Plus Out. Fixed-Price In.

    By Franklin Turner

    A 2026 federal executive order reshapes federal procurement policy by directing agencies to use fixed-price contracts as the default under FAR Part 16, while requiring written justification and higher-level approval…

  5. Government Contracts Navigator

    Is This the End of Cost-Type Contracting? What Federal Contractors Should Know About a New Executive Order Making Fixed-Price Contracts the “Default”

    By Blank Rome LLP

    Stephanie M. Harden, Dominique L. Casimir, Elizabeth N. Jochum, and Sara N. Gerber ● On April 30, 2026, President Trump signed another executive order (“EO”) that may significantly impact how the…

  6. The Federal Government Contracts & Procurement Blog

    History Doesn’t Repeat Itself, But It Often Rhymes—The Administration Again Tries To Reshape Federal Contracting by Mandating Prioritization of Fixed-Price Contracts

    By Luke Levasseur, Jane Han

    President Trump's administration has brought, and continues to bring, sweeping changes to the government contracting landscape. From the Revolutionary FAR Overhaul to promoting commercial purchasing and use of non-traditional contracting…

  7. Inside Government Contracts

    The New Executive Order on “Promoting Efficiency, Accountability, and Performance in Federal Contracting”: What Federal Contractors Need to Know  

    By Jay Carey, Kayleigh Scalzo, Darby Rourick

    On April 30, 2026, President Trump issued an Executive Order (EO) titled, “Promoting Efficiency, Accountability, and Performance in Federal Contracting.”  This EO directs agencies to make fixed-price contracts the default…

  8. GovCon & Trade

    President Trump Issues Executive Order Directing Agencies to Default to Fixed-Price Contracting

    By Richard Arnholt

    On April 30, President Trump issued an Executive Order (Order) directing federal agencies to make fixed-price contracting the default and preferred procurement method across the federal government. The Order reflects…

  9. China Law Insight

    固定总价合同所包含的范围以工程量清单为准,还是以图纸为准?

    By King & Wood

    作者:武鹏 陈永昌 杨忠勤 由于固定总价合同价款计算依据的不同,主要分为依据施工图计算总价的合同以及依据工程量清单计算总价的合同,因此司法实践中固定总价合同对于施工范围的约定一般以工程量清单或/和图纸为标准。若固定总价合同约定的施工范围依据与总价计算依据相同,如都为图纸或都为工程量清单,则承包人按照合同约定施工,对于未作为依据的工程量清单或图纸超出合同约定施工范围的部分,承包人无权主张扣减或增加工程价款。 实践中,纠纷多发生于施工范围的依据与总价计算的依据不一致时,尤其是在施工范围约定以工程量清单和图纸为标准,但总价计算依据仅为其一时。此时固定总价合同所包含的施工范围,有待进一步厘清。本文结合相关规定和实践,就上述问题具体讨论和分析。 阅读更多

  10. Government Contracts Featured Insights

    Claims for Increased Cost of Performance in Fixed Price Contracts

    By Sareesh Rawat

    Firm-fixed-price contracts place maximum risk and full responsibility upon the contractor for all costs and resulting profit or loss incurred in performing a government contract. Fixed price contracts provide for…