Methods GSA Uses To Establish Prices for Construction Contract Changes
LCD-77-304
Published: Nov 23, 1976. Publicly Released: Nov 23, 1976.
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Highlights
A survey of General Services Administration (GSA) construction contracts revealed a need for changes in methods for establishing prices for change orders reducing the scope of work. Under existing GSA practice, a contractor is not required to give the government credit for overhead, profit, and commission on work deleted from the contract.
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Construction contractsConstruction costsContract administrationContract modificationsFixed price contractsGovernment contractsOverhead costsProfitsConstructionCommunications