Executive Order Directs Agencies to Default to Fixed-Price (and Performance-Based) Contracting
Greenberg Traurig – On April 30, 2026, President Trump issued Executive Order (EO) 14402 titled “Promoting Efficiency, Accountability, and Performance in Federal Contracting,” stating that fixed-price contracts with performance-based considerations should serve as the “default and preferred method of procurement,” to the maximum extent consistent with law.
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