Dr. Kevin Rhodes, Administrator of the Office of Federal Procurement Policy and Chair of the FAR Council, explains how Executive Order 14402 shifts federal contracting from paying for effort to achieving defined outcomes through fixed-price contracts with performance-based considerations. Watch this FAI-WarU fireside chat to understand the policy’s goals, the importance of well-defined requirements, and what the change means for acquisition professionals. Then explore the Fixed-Price Contracts Program – EO 14402 Playlist for related training and tools.
