Problem
Review the Presidential Directive on Government Contracting found in the Content section.
o Why does the President want to reduce Cost-reimbursement contracts?
o Why is it preferred to use a Firm Fixed type contract?
o Who accepts the greatest risk under each type of contract?
o Why is competition favored over sole source?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.