Is it wise to accept fixed pricing for an IT project (or any other project, for that matter)?
There's a brief but salutary article with the above title over at Dr. Dobb's Portal, well worth a read by anybody involved with software projects. Go to http://www.ddj.com/dept/architect/199001126?cid=RSSfeed_DDJ_ArchitectDebug
Assuming that all bidders on a fixed-price IT project are honest and competent, then the low bidder will always be too low, and corners will always be cut.
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