A fixed-price with economic price adjustment contract is slightly more complex than the other two types. It operates on the basis that a buyer pays the seller a fixed fee, but with some flexibility for price adjustment in certain situations. These situations include market fluctuations and other...
or FP-EPA, allow for an adjustment to the agreed-upon price if certain criteria are met, such as changes in the prices for materials and labor or to account for inflation. This adjustment reduces the risk the seller assumes in a pure fixed-price contract. ...
Fixed-Price Incentive Contract Fixed-Price Incentive Contract, Value Engineering Fixed-Price Incentive, Firm Fixed-Price Incentive, Successive Targets Fixed-Price Tender Fixed-price tender offer Fixed-Price with Economic Price Adjustment Fixed-Price With Redetermination Fixed-Price-Labor-Hours Fixed-Priority...
Fixed-price contracts with economic price adjustment Fixed-price incentive contracts Firm fixed-price level-of-effort contracts What to include in your fixed price contract. Name and contact information of the project owner and the contractor. Legal description of the property being worked on and a...
Fixed-Price Incentive Contract, Value Engineering Fixed-Price Incentive, Firm Fixed-Price Incentive, Successive Targets Fixed-Price Tender Fixed-price tender offer Fixed-Price with Economic Price Adjustment Fixed-Price With Redetermination Fixed-Price-Labor-Hours ...
In the situation of a fixed price, lowering the production cost is the only way of pursuing a maximum economic benefit. 在产品价格趋于一定的情况下,降低成本是追求经济效益最大化的唯一出路。 www.6m.com 6. "It depends on some extent as to the wording of the contract, whether it is cost-pl...
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aThe Owner agrees to pay the Contractor the fixed-price lump-sum amount of USD173,566,352 and RM409,493,773.20 (subject to any adjustment pursuant to the express terms of the Conditions of Contract) (the "Contract Price") in consideration of the Contractor carrying out and completing the Wo...
5.-3. With regard to the quality, the interest must be legal, as contradistinguished from mere prejudice or bias, arising from relationship, friendship, or any of the numerous motives by which a witness may be supposed to be influenced. Leach, 154; 2 St. Tr. 334, 891; 2 Hawk. ch....
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook fixed-point notation Dictionary Related to fixed-point notation:Fixed point number </>embed</> mathematical... fixed-point r... fixed-poin... noun