Fixed Price Basis definition

Fixed Price Basis means that the price applicable to Contractor’s provision of a Material or Service shall be set at or below the price specified for it in Exhibit D.
Fixed Price Basis means that Contractor shall be paid a set and fixed amount as complete payment for a particular Service. Said payment is inclusive of all costs, any materials needed to perform the Service, and all benefits, expenses, fees, overhead, and profits payable to the Contractor for Service rendered.
Fixed Price Basis means that Buyer and Seller agree a fixed purchase price to be paid by Buyer for a quantity of Marine Fuels to be supplied by Seller to Buyer during a fixed period at specified locations.

Examples of Fixed Price Basis in a sentence

  • Compensation for Types of Work Orders Fixed Prices Work Orders Provided on a Deliverables Basis When a Work Order specifies that the Work is to be provided on a Deliverables Basis and Contractor is to be compensated on a Fixed Price Basis, Contractor shall be compensated solely at the actual Fixed Price(s) specified for the Deliverables in said Work Order.

  • The State’s Project Manager will designate whether the Work requested shall be paid for on a Fixed Price Basis or a Time and Materials Not to Exceed Basis.

  • Work provided on a Deliverables Basis and Contractor is to be compensated on a Fixed Price Basis, Contractor shall be compensated solely at the actual Fixed Price(s) specified for the Deliverables.

  • If the Services have been requested on a Deliverables Basis and a Fixed Price Basis, provide a description of the Services pertaining to each individual Deliverable along with the name of the Deliverable and a Firm Fixed Price for that Deliverable.

  • Designate whether the Work requested shall be performed on a Fixed Price Basis or a Time and Materials Not to Exceed Basis.


More Definitions of Fixed Price Basis

Fixed Price Basis means the purchase arrangement whereby a Programme, if it meets certain criteria, is purchased without reliance on budget negotiation by way of agreement of a fixed price, such purchase being specified in the Programme Purchase Agreement;
Fixed Price Basis means that Contractor shall be paid a single fixed amount for all Work provided under a Work Authorization.
Fixed Price Basis means that Contractor shall be paid a single fixed amount for all such authorized Work provided. (Contract, Exhibit B, Special Provisions, Section 1)
Fixed Price Basis means a compensation arrangement in which NeuStar assumes responsibility for the performance of professional services and/or delivery of any Deliverables set forth in a Statement of Work for a fixed price.
Fixed Price Basis refers to the compensation model for Repair and Maintenance Services performed on the Computer Equipment listed in Schedule D as described in Section 8(a) of Schedule A;
Fixed Price Basis means that Consultant shall be paid for a Deliverable at the firm fixed price specified for that Deliverable in Exhibit F.
Fixed Price Basis means that Contractor shall be paid a single fixed amount for all such authorized Work provided.