Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. There are three primary types of contracts: fixed price, cost reimbursement, and time/materials contracts.

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Tracker Intelligence

FEBRUARY 28, 2024

Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process. This method decreases the number of bids to control and evaluate, concentrating on the quality rather than quantity. It serves as the foundation for the tender.

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Select GCR

JUNE 11, 2024

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

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Select GCR

AUGUST 27, 2024

It ensures stable, long-term contracts for a variety of commercial products and services at predetermined prices, offering reliable and consistent payment terms to contractors. One of the most significant advantages is the GSA Multiple Award Schedule Program. It’s like having a reliable customer who always pays on time.

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