Project Based Pricing Clause Samples
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Project Based Pricing. Customers may request project-based pricing to accomplish tasks and deliverables that include more complex requirements. Customers shall use maximum hourly rates or project-based pricing, but not both. The project-based pricing is intended to provide predictability and a discount to Customers relative to the maximum hourly rates. Under no circumstances shall a project-based price be permitted to be greater than the hourly rates. Customers who choose to use a project-based pricing model are not exempt from the requirements listed in the Request for Quote Requirement section, and must negotiate all pricing, fees and related expenses associated with the completion of each task and deliverable with the selected Contractor. Project-based pricing should be fully detailed in the Customer SOW.
Project Based Pricing. A project-based pricing model may be used to accomplish goals and tasks that include more complex requirements. The Contractor shall multiply hourly rate prices, which do not exceed the hourly rate in this Contract, by the number of hours per task to determine each deliverable price. Customers who choose to use a project-based pricing model shall negotiate all pricing associated with the completion of each task and deliverable with the selected contractor. Project-based pricing should be fully detailed in the Customer’s Statement of Work. Customers requesting project-based pricing shall ask contractors submitting quotes for supporting information and/or documentation that will allow Customers to better understand the offer and thus more effectively negotiate pricing.
Project Based Pricing. A project-based pricing model may be used by the Customer instead of an hourly rate model to accomplish goals and tasks that include more complex requirements. Customers who choose to use a project-based pricing model shall adhere to the RFQ requirement in Section 18 and shall negotiate all pricing, fees, and related expenses associated with the completion of each task and deliverable with the selected Contractor. Project-based pricing should be fully detailed in the Customer’s Statement of Work.