TY  - JOUR
AB  - This paper looks at a common type of price adjustment, price indexing, which provides contractors with compensation for increases in price volatile commodities. We address the effect of Firm Fixed Price (FFP) versus indexed price systems for a price volatile commodity. The impact of these two types of bid systems is analyzed through a combined qualitative and quantitative analysis. Results indicate that an indexed price system does not provide a reduction in costs compared to a Firm Fixed Price system. This study is important to state financial managers as they address the efficient use of resources invested in state infrastructure.
VL  - 8
IS  - 3
SN  - 1535-0118
DO  - 10.1108/JOPP-08-03-2008-B002
UR  - https://doi.org/10.1108/JOPP-08-03-2008-B002
AU  - Eger III Robert J.
AU  - (David) Guo Hai
PY  - 2008
Y1  - 2008/01/01
TI  - Financing infrastructure: fixed price vs. price index contracts
T2  - Journal of Public Procurement
PB  - Emerald Publishing Limited
SP  - 289
EP  - 301
Y2  - 2024/04/25
ER  -