For instance, the contracts awarded fortechnology development will have a fixed price with companies having to absorb any cost overruns, despite their lack of visibility as to what changes the government customer might make after proposals are accepted.
In 1999, the City's Department of Information Technology and Telecommunications entered into a number of franchise contractsfor the installation, maintenance and operation of public payphones on City sidewalks.
This is because technology has made it possible for exchanges elsewhere to develop competing contracts and offer them to customers worldwide, around the clock, with lower costs.