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5 articles found
Why organisations continue to favour lump-sum fixed-price commitments despite more flexible commercial mechanisms, and when that preference still makes sense.
How specification maturity, acceptance criteria and technology uncertainty determine whether cost risk can be transferred credibly through fixed pricing.
Why long-duration fixed-price contracts may need transparent adjustment when labour, materials, exchange rates or other external costs move.
Why firm fixed price creates commitment visibility only when scope, performance, interfaces and acceptance are mature enough for credible pricing.
How scope certainty, cost uncertainty, competition and supplier behaviour should shape contract type instead of treating fixed price or cost reimbursement as default labels.