Common Contracts
1 similar Unit Price Contract contracts
Unit Price ContractsUnit Price Contract • December 2nd, 2009
This type of contract can be confused with Standing Offer Agreements. While a Standing Offer can provide for unit pricing, it generally is structured as a pricing agreement that provides prices or a pricing formula for a range of goods or services. Standing Offers may be available for use by many departments and may be non-exclusive. Unit price contracts must always be awarded to the lowest responsible and responsive bidder.
