Remove Competitive Bidding Remove Negotiation Remove Professional Services
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Understanding Contract Types Government Agencies Use

Select GCR

In a firm-fixed-price contract, the contractor completes the project requirements at a negotiated price, which does not change, and the contractor bears full responsibility for profit or loss. In these contracts, the profit varies and is adjusted based on the contractor’s performance and the final negotiated fee.

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Negotiating Contracts in Canada: Tips for Contract Managers

The Procurement School

Overview The expectations on public sector procurement professionals to be up-to-speed on all of the possible issues related to risk, can be unrealistic. While these are part of the usual negotiations, an Owner needs competency on their side to address the risks. What type of payment method should be used?

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How Consultants Help Identify and Mitigate Risk

The Procurement School

Overview The expectations on public sector procurement professionals to be up-to-speed on all of the possible issues related to risk, can be unrealistic. While these are part of the usual negotiations, an Owner needs competency on their side to address the risks. What type of payment method should be used?