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Podcast: Contracting Conversations
Episode: CON 7610 - Fixed-Price Incentive (Firm Target) Contracts Course
Description: In this episode of Contracting Conversations, Scott and Jim have the pleasure with speaking with Dave Lewis, the Learning Asset Manager for CON 7610, Fixed-Price Incentive (Firm-Target) (FPIF) Contracts Course. We continue our conversation with Dave Lewis on his incentive contract courses - this one is on FPIP contracts, where he talks about what this course focuses on, such as limitations of use of FPIP contracts, the geometry (how to structure), how to come up with optimistic and pessimistic cost, how profit is determined, negotiation tips, contract administration, important of conducting a post award conference, how to avoid an administrative nightmare, t...