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.
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Firm Fixed Fee means the fixed fee for Services required under a Scope of Work.
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Firm Fixed Fee means a single fixed amount or amounts designated as payment for a Deliverable or Deliverables.
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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.
Sample 1
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.
Sample 1

Related to Firm Fixed Fee

  • 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.

  • 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

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

  • 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, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

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

  • 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.