Common use of Fixed Price Clause in Contracts

Fixed Price. Fixed Price means the fixed price for the Fixed Price Work set out in the Pricing Form, and as may be adjusted by Change Order.

Fixed Price. Fixed Fixed-price means a price that is fixed at the inception of a contract and is guaranteed for a specific period of time. A fixed-price contract may also contain an economic cost adjustment provision based on a measurable index such as the Consumer Price means the fixed price for the Fixed Price Work set out in the Pricing Form, and as may be adjusted by Change OrderIndex.