Summary: The Federal Acquisition Regulation is clear, fixed-price contracts are just that: Fixed price. There's no provision for adjustments because of inflation. Or is there? A memo last week from the Defense Pricing and Contracting office offers some hope. Federal Drive host spoke with someone who has studied the memo closely: Zach Prince, a partner at Smith Pachter McWhorter. Learn more about your ad choices. Visit megaphone.fm/adchoices
