Common use of Fixed Price Work Clause in Contracts

Fixed Price Work. For invoices for fixed price Work, payment will either be according to Attachment 4 or each invoice will show the percentage of Work completed during the invoice period. Client shall pay S & B the scheduled payment or the percentage of the fixed price that is due which is equal to the percentage of Work completed less payments previously made.

Appears in 2 contracts

Sources: Master Agreement for Professional Services, Master Agreement for Professional Services