By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Purpose.

President Donald Trump ordered federal agencies to make fixed-price agreements the default vehicle for government purchasing, ...

President Donald Trump has signed a new executive order aimed at improving efficiency, accountability and performance in ...

Experts say the new EO’s requirements could add time and friction to the acquisition process at a time when the administration is trying to reduce complexity.

President Donald Trump has issued an executive order making firm fixed-price contracts the default for federal procurement, with limited exceptions requiring senior-level justification. The policy ...

Northrop Grumman Systems Corp., Plymouth, Minnesota, was awarded an $884,878,799 cost-plus-fixed-fee, firm-fixed-price, and fixed-price with economic price adjustment contract for procurement of the ...

Government Marketing and Procurement LLC,* Wimberley, Texas, has been awarded a maximum $100,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity ...

Negotiating contracts is a process that requires preparation and communication, as all parties work toward a mutually beneficial relationship. It’s particularly true for electric utilities, groups ...