Can Agile Methodology work on a fixed bid project?

Today, as much as Agile is scoring over traditional methodologies like Waterfall, the customer demand for fixed bid (AKA fixed price) projects has not died down.¬†Even though Agile significantly improves its success quotient due to improved communication/collaboration, rapid feedback, enhanced flexibility in managing changes, etc., Agile sceptics point to problems. Problems such as project scope…