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Pricing Government Contracts Deep Dive / Contract Type and Pricing Risk

Firm-Fixed-Price

Lesson 3 of 14

FFP shifts significant cost risk to the contractor. If the contractor underestimates labor, materials, or workload, the government does not automatically increase the price.

Key Takeaways

  • Know scope before pricing.
  • Include risk in price.

Common Mistakes

  • Pricing vague scope too tightly.
  • Assuming modifications will fix errors.

Related Course Templates

Simple Cost BuildLoaded Labor RateOption-Year PricingSubcontractor Quote ReviewWalk-Away Price90-Day Cash Forecast

Disclaimer

This course library is educational. It does not replace legal, accounting, cybersecurity, labor, or contracting advice. Users should always verify current requirements in the actual solicitation, contract, agency instructions, and official sources.