Fixed Fee Basis Clause Samples

The Fixed Fee Basis clause establishes that payment for services or goods will be made at a predetermined, unchanging amount, regardless of the actual time or resources expended. In practice, this means the client and provider agree upfront on a total price for the entire scope of work, and the provider is responsible for completing the work within that budget. This clause is commonly used to provide cost certainty for clients and to allocate the risk of cost overruns to the provider, ensuring that the client is protected from unexpected expenses.
Fixed Fee Basis. Where Professional Services are provided for a fixed price, the total Fees for the Professional Services shall be the amount set out in the Order. The total price shall be paid to Company in installments, as set out in the Order, and, where conditioned on the achievement of any Milestone, upon the occurrence of such Milestone. At the end of a period specified in the Order in respect of which an installment is due, Company shall issue invoices to Customer for the Fees that are then payable.
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Fixed Fee Basis. 3.1 This basis can be applied to the completion of specified projects and tasks. The terms must be negotiated and agreed by the Parties and it can be used alongside the time and materials basis.
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Fixed Fee Basis. All Services shall be provided to Customer on a fixed-fee basis unless otherwise specifically set forth in the Exhibits.
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Fixed Fee Basis. There may be occasions where we will charge you a fixed fee, which we will agree at outset for the advice or work we do for you. If you choose to pay a fixed fee, the amount we will charge you will depend on the complexity of your current plans and on your requirements. However, there will be a minimum charge of £1,500. We will provide you with a written indication of the likely fees in advance before commencing work. Under current legislation VAT may be payable on the amount charged. For example; if you ask us to review your existing plans and prepare a report on your behalf, we will charge you a minimum initial fee of £1,500 which will pay for up to five plans to be reviewed. For each additional plan, a fixed fee of £500 will apply. Therefore if we review seven existing plans on your behalf the total cost for this review and report will be £2,500. If you invest £200 per month into a Pension or Investment plan, and you agree that 50% is to be paid to us as a fee, then either, you will need to pay us £100 per month, in this case £200 will be invested, or if you choose for the Provider to pay us our fee, then £100 will be deducted from each monthly contribution for the first twelve months of the plan, and £100 will be invested. After the initial twelve month period 100% of the contribution (£200) will be invested. If you wish to pay our fee as an hourly rate, this will be calculated on the amount of time we need to spend in dealing with your requirements, and will be based upon our hourly rates. The current hourly rates are listed above. It is difficult to provide an estimate of the likely fees for Implementation, as this will depend upon the nature and number of products being dealt with. A simple investment or pension case will usually take in the region of 3 hours of the Directors time plus 3 hours Para-Planning time, and 2 hours administrative work, which would be a total cost of £2,025. However, more complex cases and those that require medical investigations or underwriting will take longer. We will provide you with an indication of the fee before commencing work. If you choose to pay a fixed fee, the amount we will charge you will depend on the complexity of your plans and on your requirements. However, there will be a minimum charge of £1,500. We will provide you with a written indication of the likely fees in advance before commencing work. Under current legislation VAT may be payable on the amount charged. There will always be costs and charges as...
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Fixed Fee Basis. QPILCH note to practitioner QPILCH note to practitioner Option 1 is reasonably practicable to estimate the total legal costs, and I estimate the total legal costs will be $[insert] (plus GST). Option 2 is not reasonably practicable to estimate the total legal costs, and I estimate that the range of total legal costs will be between $[insert] and $[insert] (plus GST). The major variables that will affect the calculation of those costs are [insert]. This is only an estimate and is not binding on me. It is not a quote. The actual fees will vary depending on the circumstances. These fees are based on the assumptions set out above. Those assumptions may not hold true. I propose to charge at my normal hourly rate for work outside those assumptions. The arrangement with respect to my professional fees does not apply to disbursements. Disbursements may be payable by you as set out in the following section even if you enter into this conditional cost agreement and irrespective of whether there is a successful outcome. Disbursements Disbursements are the costs involved in legal matters apart from professional fees. They can include: filing and lodgement fees. search fees. expert reports, including medical reports. I estimate that in your case, the total disbursements will be $[insert]. I will ... Option 1 charge you for disbursements, whether or not they are recoverable from the other party. Option 2 not charge you for disbursements. not charge you for disbursements if they total less than $[insert].
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Related to Fixed Fee Basis

  • Fixed Fee If “fixed fee” is the basis of compensation, then the Consultant must complete the task(s) for the amount set forth in Column 4. Any hours worked for which payment would result in a total exceeding the amount in Column 4 are at no cost to the City.

  • Interest Rate Basis Interest on this Note will be determined by reference to the applicable Interest Rate Basis or Interest Rate Bases, which may, as described below, include the CD Rate, the CMT Rate, the Commercial Paper Rate, the Constant Maturity Swap Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR, the Prime Rate or the Treasury Rate (each as defined below).

  • Settlement Date Basis For purposes of this Agreement, all determinations of whether an investment is to be included as a Portfolio Investment shall be determined on a settlement-date basis (meaning that any investment that has been purchased will not be treated as a Portfolio Investment until such purchase has settled, and any Portfolio Investment which has been sold will not be excluded as a Portfolio Investment until such sale has settled); provided that no such investment shall be included as a Portfolio Investment to the extent it has not been paid for in full.

  • Determination of Interest Rate Basis The Calculation Agent shall determine the rate derived from each Interest Rate Basis in accordance with the following provisions.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.