I will pay for the following essay CONTRACTING WITH THE FEDERAL GOVERNMENT. The essay is to be 3 pages with three to five sources, with in-text citations and a reference page.
The root beginning of the hybrid contracts was when it was realized that purely generic contracts had their major downsides that led to their inefficiencies. For example the fixed price cost started being too costly owing to the number of uncertainties in the contracts. The birth of hybrid type of contracts was seen when the fixed price contracts were introduced some adjustments. This started with the economic price adjustment where the prices would be varied based on a number of certain contingencies such as the cost of labor. This thus did include some hybridism in the contracts.