Where in the acquisition plan should the rationale for selecting a firm-fixed-price contract type be discussed?

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The rationale for selecting a firm-fixed-price contract type is primarily discussed within the Plan of Action of the acquisition plan. This section is designed to outline the overarching strategy for the procurement process, and it should include details about the type of contract chosen and the reasons behind that choice.

A firm-fixed-price contract is often selected for its benefits, such as providing price certainty and incentivizing contractors to control costs. Discussing the rationale in the Plan of Action provides a clear understanding of the decision-making process and demonstrates how the selected contract type aligns with the goals and objectives outlined in the acquisition strategy. This is crucial for transparency and accountability within the acquisition process.

Other sections may address different specific aspects of the acquisition plan, but the Plan of Action is uniquely positioned to encompass the strategic decisions, including contract type selection, making it the appropriate place to articulate the reasoning for choosing a firm-fixed-price contract.

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