Contractor's Fixed Fee Clause Samples
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Contractor's Fixed Fee. When the Work is performed based on Cost of the Work plus a fixed fee, Contractor’s fixed fee shall be as set forth in the Agreement. When the value of the Work covered by a Change Order is determined based on the Cost of the Work, Contractor's fee shall be determined as set forth in Section 12.3.4.
Contractor's Fixed Fee. The CONTRACTOR’s Fixed Fee is the stated amount to be paid to CONTRACTOR for the services rendered to COUNTY pursuant to Section
Contractor's Fixed Fee. Contractor's Fixed Fee has been established per the Pre-Construction Services agreement at TBD percent of the direct and indirect negotiated cost for construction. Compensation for Contractors' Fixed Fee will be made on a pro-rata basis coinciding with the work performed on each monthly progress pay estimate. Costs included in the fixed fee include:
1. Profit
2. All home, branch or regional office related costs, including: general and administrative expense, overhead, indirects, and non-direct salaries