Question: New answer please! I will give a thumbs up ! Thanks for the help. Review the Presidential Directive on Government Contracting found in the Content

New answer please! I will give a thumbs up! Thanks for the help.
Review the Presidential Directive on Government Contracting found in the Content section.
Why does the President want to reduce Cost-reimbursement contracts?
Why is it preferred to use a Firm Fixed type contract?
Who accepts the greatest risk under each type of contract?
Why is competition favored over sole source?

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