Friday, December 16, 2011

Proposed 31st Amendment -- Responsible Contracts


Government entities contracting with other government or non-government entities shall be responsible for assuring timely and financially sound execution of such contracts.  Should, during the period of the contract, the cost estimate for completion of the contract ever exceed the originally agreed upon price by more than 15%, the contract shall be immediately terminated and the original performing entity shall deliver all completed work and shall not be allowed to provide any additional item(s) included in the contract at time of termination.

1 comment:

  1. Good idea...of course, the military might never have any new weapon systems!

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