Fixed Price (FP. This type of Release Order will provide for establishment of a lump sum fixed price or fixed fee to complete the project based on either unit prices established in this BOA or on an advance price quote provided by the Professional Services Contractor. Upon satisfactory completion of the services, the Professional Services Contractor will be paid the fixed amount established in the Release Order.
Fixed Price (FP. LABOR RATES The Fixed Price Labor Rates proposed represent the Offeror’s fully-burdened fixed price hourly labor rates for each skill classification for work performed at Government and Contractor sites both CONUS and OCONUS. The rates provided in the pricing template will be used as ceiling labor rates for pricing of all labor proposed under future fixed priced Task Orders issued under this IDIQ Contract. At time of award, the Contractor’s FP ceiling labor rates will be incorporated into the Contract.
