Firm Fixed Pricing Clause Samples
A Firm Fixed Pricing clause establishes a set, unchangeable price for goods or services specified in a contract, regardless of any fluctuations in costs or expenses incurred during performance. This means that the seller bears the risk of any cost overruns, while the buyer knows exactly what they will pay from the outset. By locking in the price, this clause provides budget certainty for both parties and eliminates the need for renegotiation due to changing market conditions, thereby ensuring predictability and reducing disputes over payment.
Firm Fixed Pricing. The Work described in Section 4 of Exhibit B (SOW), excluding any Work described in Section 4.3 below, will be performed on a firm fixed price basis and is included in the per Site price determined in accordance with the table set forth below (the "SA Fixed Price Amount"). The SA Fixed Price Amount will be paid on a Site-by-Site basis in accordance with Attachment 1.1 (Milestone Payments). For clarification purposes, the table below sets forth the pricing associated with each Work Unit comprising the SA Fixed Price Amount. -------------------------------------------------------------------------------- Percentage Work Unit of SA Fixed Fixed Price Per Site Amount* ID Price Amount -------------------------------------------------------------------------------- Standard Medium Wide -------------------------------------------------------------------------------- [*****] SA1 25% -------------------------------------------------------------------------------- SA2 45% -------------------------------------------------------------------------------- SA3 30% -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- SA Fixed 100% Price Amount -------------------------------------------------------------------------------- *The Work Unit Fixed Price Amount for "SA1" includes, for each Search Ring identified, performance of such Site Acquisition Work referenced above that is reasonably required in such Search Ring to either (i) select a viable Primary Site and complete the Work required for such Site or (ii) disqualify such Search Ring as a viable area for selection of a viable Primary Site. In the event a viable Primary Site cannot be found and/or all required Work cannot be completed on a Site within such Search Ring, Contractor will notify Customer of the need to reissue/redesign such Search Ring. Upon Owner's written approval of any reissuance/redesign of a Search Ring, Contractor is entitled to payment for SA1 performed within the reissued/redesigned Search Ring in accordance with this Section 4.
Firm Fixed Pricing. The Work described in Section 11 of Exhibit B (SOW), excluding any Work described in Section 10.3 below, will be priced on a firm fixed price basis and is included in the pricing determined in accordance with the table set forth below ("Fixed Milestone Amounts"). This Regulatory Compliance Work set forth below, except for RC1 and RC2, will be performed and paid on a Site-by-Site basis in accordance with Attachment 1.1 (Milestone Payments). For clarification purposes, the pricing associated with each Work Unit comprising the RC Work is set forth below. RC1 and RC2 will be performed for all Sites across all Cities and be paid in the fixed amounts set forth below upon satisfactory completion of the corresponding Work Unit Achievement Criteria set forth in Attachment 1.1 hereto.
Firm Fixed Pricing. The fixed prices set forth in this Exhibit C cover the services, labor, materials and testing required to complete each Discipline on a Site basis in accordance with the requirements of Exhibit B (SOW), except for those items of Work specifically identified as being payable on the basis of Unit Pricing, Cost-Plus Pricing, Task Order Pricing, or as Permitted Reimbursable Expenses or Pass-Through Expenses, or "Default Pricing". For clarification purposes, a Discipline's "Fixed Price Amount" (e.g., "RF Fixed Price Amount", "ZN Fixed Price Amount") refers to the fixed price per Site for such Discipline.
Firm Fixed Pricing. The Work described in Section 3, Section 9 and Section 7.6 of Exhibit B (SOW), excluding any Work described in Section 3.2 and Section 3.3 below, will be priced on a firm fixed price basis and is included in the per Site price determined in accordance with the table set forth below (the "RF Fixed Price Amount").
Firm Fixed Pricing. Upon request, Vendor shall provide “Firm Fixed Pricing” which shall guarantee the pricing of the Vendor Product(s) for the effective term of a specific Government contract. Vendor shall give Ingram thirty (30) days advance written notice of any Vendor Product(s) being discontinued.
Firm Fixed Pricing. Unless otherwise provided in the Specifications, all prices shall remain fixed throughout the term of the contract, and bids containing escalation, discount, or other price adjustment provisions will be rejected if such provisions are not consistent with a common standard against which all bids may be judged. In arriving at the bid price, the bidder shall take into consideration all discounts for cash and all other credits and allowances. Any discount or other uncalled for allowance quoted will not be considered in making the award and may be the cause for the rejection of the bid.
Firm Fixed Pricing. A. Manufacturer’s Suggested Retail Price (MSRP)
Firm Fixed Pricing. The Consultant shall be paid the following upon satisfactory completion of each priced task by the Risk SME. From time to time, tasks for the Risk SME to perform shall be approved by Consultant after written (email acceptable) approval by Client. Client payments will be made within ten (10) working days of receipt of invoice in Consultant format. Consultant shall then pay the Risk SME. The prices to be paid for the following pre- defined tasks are as follows:
C.2.1 Initial Trajectory Model Development & Analysis: $25,230 C.2.2 Subsequent Trajectory Analysis: $2,728 (one principle variable modification) $10,092 (completely new trajectory)
Firm Fixed Pricing. The Work described in Section 2 (Program Management) and Section 7.2 (Construction Management) of Exhibit B (SOW) (hereinafter collectively referred to as "Project Management Services") will be priced on a firm fixed price basis and is included in the per Site price determined in accordance with the table set forth in Section 2.1.1 below (the "Project Management Fixed Price Amount").