The head of the Pentagon's procurement and acquisition policy shop is considering releasing guidance on the proper use of firm-fixed-price contracting in light of an overusage of the contracting type. Speaking Wednesday at a defense acquisition modernization symposium in Washington, Defense Procurement and Acquisition Policy Director Richard Ginman said the Defense Department recently issued in fiscal year 2013 nearly $1.4 billion in firm-fixed-price, level-of-effort contracts. "You've got to pick the right contract. It's a bedrock rule," Ginman said. "And firm-fixed-price,...
