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News/Transforming Procurement/Executive Order: Promoting Efficiency, Accountability, and Performance in Federal Contracting
EOs & Regulations·Transforming Procurement Brief

Executive Order: Promoting Efficiency, Accountability, and Performance in Federal Contracting

President Trump signed an executive order on April 30 making fixed-price contracts the default procurement method across the federal government, a significant shift away from the cost-reimbursement model that has long dominated federal contracting.

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