Firm Fixed Price definition

Firm Fixed Price means a single fixed amount or amounts designated as payment for a Deliverable or Deliverables.
Firm Fixed Price has the meaning set forth in Article 4.1.
Firm Fixed Price or “FFP” means the fixed amount the Judicial Council will pay the Contractor to compensate the Contractor for all of the following:

Examples of Firm Fixed Price in a sentence

  • These price schedules can be used on Firm Fixed Price, Time and Materials, and Labor-Hour type task orders (See FAR 52.232-7, Payments under Time-and-Materials and Labor-Hour Contracts for a definition of these rates).

  • Total Firm Fixed Price, including the base and all option periods by CLIN Number3.

  • Firm Fixed Price and Time and Material task orders will be based on the rates applicable for the last period of performance of the GWAC, plus escalation.

  • This particular procurement method is Competitive Sealed Bidding (Firm Fixed Price) as allowed under II.

  • Firm Fixed Price – A price that is all-inclusive of direct cost and indirect costs, including, but not limited to, direct labor costs, overhead, fee or profit, clerical support, equipment, materials, supplies, managerial (administrative) support, all documents, reports, forms, travel, reproduction and any other costs.


More Definitions of Firm Fixed Price

Firm Fixed Price means a price that is all-inclusive of direct cost and indirect costs, including, but not limited to, direct labor costs, overhead, fee or profit, clerical support, equipment, materials, supplies, managerial (administrative) support, all documents, reports, forms, travel, reproduction, and any other costs. No additional fees or costs shall be paid by the State unless there is a change in the scope of work.
Firm Fixed Price is the amount(s) set forth in Article 4.
Firm Fixed Price means a price that is all-inclusive of direct costs and indirect costs, including, but not limited to, direct labor costs, overhead, fee or profit, clerical support, equipment, materials, supplies, managerial (administrative) support, all documents, reports, forms, travel, reproduction and any other allowable costs.
Firm Fixed Price means a price that is not subject to adjustment on the basis of the Contractor’s cost experience in performing the Contract.
Firm Fixed Price or “FFP” means the firm fixed price applicable to the Deliverable Items as set forth in Article 4.1.
Firm Fixed Price means a price that is all-inclusive of direct cost and indirect costs, including, but not limited to: direct labor costs, overhead, fee or profit, clerical support, equipment, materials, supplies, managerial (administrative) support, all documents, reports, forms, travel, reproduction, and any other costs. No additional fees or costs shall be paid by the State unless there is a change in the Statement of Work.
Firm Fixed Price or “FFP” means the firm fixed price applicable to a Space-Based Network as set forth in Article 4, as applicable. References to “the Firm Fixed Price” mean MSV 1 SBN FFP, MSV 2 SBN FFP and/or MSV-SA FFP as applicable given the context.