Fixed price contract definition

Fixed price contract means a contract that provides a price, for each

Fixed price contract means a contract that provides a price, for each procurement item obtained under the contract, that is not subject to adjustment except to the extent that:

Fixed price contract means a Service Contract for which Client is charged a fixed fee agreed between a Client and a Freelancer, prior to the commencement of a Service Contract, for the completion of all Freelancer Services contracted by Client for such Service Contract.

Examples of Fixed price contract in a sentence

• When you enter into a Fixed-Price Contract, Upwork Escrow will establish and maintain a “Fixed-Price Escrow Account” to receive, hold, and release payments pursuant to the Fixed-Price Escrow Instructions for the Project that is the subject of that Fixed-Price Contract.

• When Client authorizes the payment of the Freelancer Fees for a Fixed-Price Contract on the Site, Client automatically and irrevocably authorizes and instructs Upwork or its Affiliates, Upwork Escrow or Elance Ltd., to charge Client’s Payment Method for the Freelancer Fees.

• Client becomes obligated to pay applicable amounts into the Escrow Account immediately upon sending a Fixed-Price Contract offer (for the full amount or for the first milestone, if milestones are used) or upon activating any additional milestone.

• If a Freelancer and a Client who have never entered into a Service Contract together before agree to a $600 Fixed-Price Contract, the Service Fee will be calculated as follows: Note: The Service Fee will appear as a single amount in your Account, rather than separate amounts as shown in the example above.

• When Client authorizes the payment of the Freelancer Fees for a Fixed-Price Contract on the Site, Client automatically and irrevocably authorizes and instructs Upwork Escrow or Elance Limited to charge Client’s Payment Method for the Freelancer Fees.

More Definitions of Fixed price contract

Fixed price contract means a contract that provides a price, for each procurement item obtained under the contract, that is not subject to adjustment except to the extent that either (a) the contract provides, under circumstances specified in the contract, for an adjustment in price that is not based on cost to the contractor; or (b) an adjustment is required by law.

Fixed price contract means a contract that provides for a firm price for the entire term of the Contract (including all extensions), subject to any contractual conditions allowing price adjustment, under which the contractor bears the full responsibility for profit or loss.

Fixed price contract means a contract providing for a firm price, or a price that may be adjusted only in accordance with contract clauses providing for revision of the contract price under stated circumstances.

Fixed price contract means a Price not subject to any adjustments by the Contractor in performing a Contract.

Fixed price contract means a contract that requires the contractor to deliver a specified project for a set price. Change orders on fixed price contracts are allowable but should be used on a very limited basis.

Fixed price contract means a purchase or sale contract for crude oil, refined petroleum products or NGLs where the price has been fixed.

Fixed price contract means a contract between a re-