You are a program officer with big "wants" but with little federal money. Your contracting officer is not familiar with hiding overruns in an FPI(F) contract--yet. Besides, you have never heard of it--yet. What to do? Well, this politician knows best. With a little luck and plenty of ignorance, you may see the "fixed price technical competition, under which all offerors compete solely on nonprice factors and the fixed award price is pre-announced in the solicitation."

Let's think about this. Fixed price, fixed award price, the same thing. Nobody is saying anything against the FPI(F). So, get ready, low ball your fixed-price and let the offerors compete for it. If they want the business, they can promise you anything. What else can they do? In a few years, just before things fall apart, find another job.

By the way, if you want to read about it start at the bottom of the "Discussion draft" to the right of the article. It is in Title V "Other Reforms." They should have called it "Afterthoughts."

See it at fcw.com