Firm Fixed Fee definition

Firm Fixed Fee means a price that is not subject to adjustment on the basis of the Contractor’s cost experience in performing the Contract.
Firm Fixed Fee means the fixed fee for Services required under a Scope of Work.
Firm Fixed Fee means a single fixed amount or amounts designated as payment for a Deliverable or Deliverables.

Examples of Firm Fixed Fee in a sentence

  • Contractor acknowledges that it is required to complete the Contract Scope of Work in return for the Firm Fixed Fee and Contractor shall not be entitled to any additional compensation hereunder, with the exception of the reimbursable expenses described herein.

  • In cases where VEIC requests an amendment to the previously agreed upon Contract Scope of Work that is subject to a Firm Fixed Fee, VEIC and Contractor shall amend this Contract to include the additional scope and adjust the Firm Fixed Fee (in a manner consistent with how the original Fixed Firm Fee was determined) and any relevant deadlines.

  • Combination: T&M plus Fixed Fee In performing the Contract Scope of Work, services will be paid either on Firm Fixed Fee Basis or on a Time and Materials Basis as follows: Task Description of Services Compensation Amount Task 1 Project Kick-off Fixed Fee $XXX Task 2 Develop a Report Time and Materials Xxxx Xxx $XXX/hour Xxxx Xxx $XXX/hour, subject to a NTE for this Task of $XXXX including/plus reimbursable expenses authorized in Attachment C.

  • Contractor will be compensated based upon the Firm Fixed Fee amount of [$--------------] ( -------- ------------- dollars) for all work specified in the Contract Scope of Work, including all administrative and technical support.

  • In performing the Contract Scope of Work, Contractor will be paid a Firm Fixed Fee amount of $XXXX (Insert Amount), plus/including any reimbursable expenses authorized in Attachment C.

  • Complete the attached Firm Fixed Fee Cost Proposal by deliverables as presented on the form.

  • In addition to the Firm Fixed Fee, Contractor’s reimbursable expenses will be compensated in accordance with the Contractor’s Reimbursable Expenses Schedule (Attachment C) up to, but not to exceed, the estimated amount of [$ ].

  • Omnitrans intends to award a Firm Fixed Fee purchase order for a one-time purchase.

  • Omnitrans intends to award a Firm Fixed Fee contract for a one-time purchase.

  • The two basic categories of payment for consultant’s services are Firm Fixed Fee and Cost Reimbursement.


More Definitions of Firm Fixed Fee

Firm Fixed Fee means the fixed fee for Services required under a Task Order.
Firm Fixed Fee means a firm fee that is not subject to any adjustment on the basis of the company's cost experience in performing the Contract.

Related to Firm Fixed Fee

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Initial Price or “Initial Offer” means the price per Unit on the first day of the Initial Period determined by the Management Company.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Hire Fee the hire fee specified in Item 13.

  • Initial Fee means any fee charged to initiate a contract

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Underwriters offered the Common Units to the public for sale as set forth on the cover page of the prospectus included as part of the Registration Statement and first issued at or after the time the Registration Statement first became effective or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Final Price means (a) in the case of any Terminated Obligation, the amount determined pursuant to Clause 4, and (b) in the case of any Repaid Obligation, the amount determined pursuant to Clause 5, and

  • GDP price deflator means the average of the four implicit price

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.