Are all OTAs issued as Firm Fixed Price?
Created: September 14, 2020
Project Agreements under the TReX OTA are primarily Firm Fixed Price agreements (FFP); however, cost reimbursement contracts are available. FFP agreements minimize the amount of resources expended by the Consortium Member, NSTXL and the Government to administer the Agreement (contract). The cost type agreements will only be use if deemed necessary by the Government.