Homeland Security Department officials are continuing to revise their acquisition rules for dealing with cost reimbursement contracts, a type of procurement the Obama administration considers precarious.
In a Sept. 26 letter responding to an inspector general audit, officials said that they issued a memo in August requiring contracting officers to include in contract files an explanation for choosing to award a contract without a firm, fixed price. The IG recommended officials provide documented information supporting the reason for going with a cost-reimbursement contract.
The IG report was released Oct. 10. Read the full document here.
Keep reading this article at: http://fcw.com/articles/2012/10/11/dhs-contracting-fixed-price.aspx,
