Procurement Cost & Profit Policy: Report and PSPC response now available
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Public Works and Government Services Canada (PWGSC) engaged PricewaterhouseCoopers (PwC) to review the methodology for determining contract price using Canada's contract cost principles and PWGSC's profit policy. The policies apply to several types of procurement but are particularly relied on in defence procurement, which was the focus of this study. The review had three objectives:

  1. identify the issues related to Canada's contract cost principles and PWGSC's profit policy
  2. provide recommendations on how Canada can best address the issues
  3. provide recommendations related to a "management framework" which specifies how PWGSC can effectively manage the risks around application of the policy on a government-wide basis

An executive summary of the report, as well as the government's response, are now available on the PSPC website:

 For more information, please access the PSPC website.