Fixed Fee definition

Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.
Fixed Fee means any payment under this Specification for Contract Work on the basis of a specified fee rather than on Hourly Rates;
Fixed Fee means an amount specified in a SOW that is fixed and not dependent on the time spent or costs incurred by IHS in performing the Services.

Examples of Fixed Fee in a sentence

  • The STATE shall pay the CONSULTANT a Fixed Fee approved by the STATE for performance of a Task in a satisfactory manner.

  • THE State shall compensate the ARCHITECT/ENGINEER, in accordance with the Terms and Conditions of this Agreement in one of the following manners: SAMPLE Project Manager needs to select one of the following paragraphs that identifies whether compensation is based on an Hourly Rate or Lump Sum Fixed Fee A.

  • Basis and amount: Fixed Fee for Services Audit & Development: $22,358 Engineering Services (30% Design Set): $25,620 It is understood by Ameresco that payment and terms are contingent upon the requirements set forth in the Energy Services Proposal.

  • The CONSULTANT will invoice the DEPARTMENT using the actual Wage Rates, FIXED Overhead, prorated Fixed Fee, and any additional Direct Costs.

  • COUNTY shall compensate CONTRACTOR for the materials and services provided for under this Agreement on a Fixed Fee basis at the rates as outlined in Exhibit C.


More Definitions of Fixed Fee

Fixed Fee means a fixed fee as specified in Annex 2 (Cases, Fixed Fees and Hourly Rates (Controlled Work));
Fixed Fee means the dollar amount per annum payable by the NCC to the Contractor for each Year of the Term of the Contract.
Fixed Fee this means a fixed fee in amount in the respective transaction currency as set out below: Australian dollars: AUD 0.30 Mexican pesos: MXN 4.00 Brazilian real: BRL 0.60 New Taiwan dollars: TWD 10.00 British pounds sterling: GBP 0.20 New Zealand dollars: NZD 0.45 Canadian dollars: CAD 0.30 Norwegian kroner: NOK 2.80 Czech koruna: CZK 10.00 Philippine pesos: PHP 15.00 Danish kroner: DKK 2.60 Polish zloty: PLN 1.35 Euros: EUR 0.35 Russian rubles: RUB 10.00 Hong Kong dollars: HKD 2.35 Swedish kronor: SEK 3.25 Hungarian forint: HUF 90.00 Swiss francs: CHF 0.55 Israeli new shekels: ILS 1.20 Singapore dollars: SGD 0.50 Japanese yen: JPY 40.00 Thai baht: THB 11.00 Malaysian ringgit: MYR 2.00 US dollars: USD 0.30
Fixed Fee has the meaning given to it in GC 13.1.
Fixed Fee means the total fee amount payable for Work performed by the Consultant or subconsultant as applicable and is the product of the Fixed Fee Percent multiplied by the total Direct Labor Costs on Cost Plus Fixed Fee Work Orders.
Fixed Fee means the portion of the Transaction Fees that is a fixed monetary amount and not a percentage of the payment amount.
Fixed Fee an amount calculated as follows: a fee indicated in the Application/ on the Bank website payable by the Merchant on a monthly basis in addition to per-transaction fees set out in the Application/ on the Bank website. The Fixed Fee will be deducted by direct debit from any account of the Merchant, to which the Merchant hereby agrees;