http://www.spacepolitics.com/2008/09/30/mccain-on-cost-plus-contracts/?utm_source=rss&utm_medium=rss&utm_campaign=mccain-on-cost-plus-contracts Because sometimes the most important orbit is the Beltway... Wed, 17 Sep 2014 13:35:41 +0000 hourly 1 https://wordpress.org/?v=4.0.38 http://www.spacepolitics.com/2008/09/30/mccain-on-cost-plus-contracts/#comment-130078 Fri, 03 Oct 2008 15:07:25 +0000 http://www.spacepolitics.com/?p=1748#comment-130078 Taxpayers should not have to worry about whether their government is keeping an eye on how contractors are spending money. Fixed-price contracts give contractors the incentive to not mess up, to keep costs in-line, or loose their profit when they do go over budget. Cost-plus promotes unrealistic underbidding that only results in taxpayers being forced to pay for more than was originally contracted. I don’t know of one industry, certainly not the two I work in, that has cost-plus.

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