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Transparency and Accountability in Contract Management - Office of ...

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OMB Recovery Act Guidance―<strong>Contract</strong> TypeMust All <strong>Contract</strong>s Be Fixed Price?No• Agencies are to use fixed-price contracts to the maximumextent possible.• If agencies plan to use cost-type contracts, they must• Give sufficient consideration to the use <strong>of</strong> fixed–price contracts.• Assign qualified staff to mange cost reimbursement contracts so as toachieve performance objectives.<strong>Transparency</strong> <strong>and</strong> <strong>Accountability</strong> <strong>in</strong> <strong>Contract</strong> <strong>Management</strong> 10

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