Fixed Price Method Sample Clauses

The Fixed Price Method clause establishes that the price for goods or services under a contract is set at a predetermined, unchangeable amount. This means that regardless of actual costs incurred or fluctuations in market prices, the agreed-upon price remains constant throughout the contract term. For example, a contractor and client may agree to a fixed sum for a construction project, with no adjustments for labor or material cost changes. The core function of this clause is to provide cost certainty and budget predictability for both parties, minimizing disputes over payment and reducing financial risk due to unforeseen expenses.
Fixed Price Method. Net Energy Purchase Price = On-peak = (Fuel Cost + Capacity Cost) X Seasonality Factor Off-peak = Fuel Cost X Seasonality Factor where Fuel Cost and Capacity Cost are the Avoided Cost Components established in this schedule for the applicable calendar year of the actual Net Energy deliveries to the Company.
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Fixed Price Method the amount per bushel of calculated yield shall be based on the last 5 years of the actual selling price to commercial elevators of commercial corn for the crop year as provided by Grain Farmers of Ontario. The high and low averages of the last 5 years averages will be dropped and the average of the remaining 3 years will be the Fixed Price. The Fixed Price for this contract shall be $5.38.
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Fixed Price Method the Base Price under this method shall be paid on Dec. 1, 2016 or Jan. 1, 2017. It is mandatory that 50% of this contract is paid on one of the dates selected. Selection Date - the Base Price(s) shall be determined by selecting a date(s) (the “Selection Date”) between May 1st or the date of contract signing through to April 30th following the crop year. The Grower will have up to two (2) opportunities to sell at a minimum of 25% per sale.
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Fixed Price Method. This method fixes a dollar value for the business. If this method is used, periodic reviews are essential in order to ensure that the dollar amount reflects the actual value of the company.
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Related to Fixed Price Method

  • Fixed Price An Authorized User Agreement shall be awarded on a fixed-price basis only. As such, the Contractor shall complete all project Deliverables indicated in the final negotiated Authorized User Agreement, without any increase in cost to the Authorized User. If the Contractor resources required to complete such work are more than the Contractor agreed to in the Mini-Bid, these additional resources must be provided to the Authorized User at no additional cost.

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Billing Method 2.6.1 To receive payment for services rendered pursuant to this contract the Contractor shall submit a fully completed invoice for work previously performed to: 2.6.2 At a minimum, the invoice shall detail the following information: 2.6.2.1 Unique invoice number; 2.6.2.2 Contractor’s name, address, and telephone number; 2.6.2.3 Date of invoice and/or billing period; 2.6.2.4 Applicable Contract No.;

  • Test method This test is intended to demonstrate the immunity of the vehicle electronic systems. The vehicle shall be subject to electromagnetic fields as described in this annex. The vehicle shall be monitored during the tests. If not otherwise stated in this annex the test shall be performed according to ISO 11451-2.

  • Purchase Price and Method of Payment The total purchase price to be paid for the property is $ , with a ten percent (10%) down payment, due on the day of auction, in the amount of $ to be paid concurrently to the escrow agent, CLAY COUNTY ABSTRACT AND TITLE, Clay Center, Kansas with the execution of this agreement.