Total Fixed Clause Samples

The "Total Fixed" clause establishes a set, unchangeable amount for payment or compensation under a contract. In practice, this means that regardless of actual costs incurred or fluctuations in expenses, the agreed-upon sum remains constant throughout the contract term. This clause is commonly used in construction or service agreements to provide budget certainty and prevent disputes over variable costs. Its core function is to allocate financial risk and ensure predictability for both parties by locking in the total amount payable.