Common use of TYPE OF PRICE Clause in Contracts

TYPE OF PRICE. The price type of the present Contract is stated to be a firm-fixed price type of contract which refers to the reimbursement of the costs in fixed parts, related to the completion of the scheduled reviews (mid-term and final) of the project. VERHAERT NEW PRODUCTS AND SERVICES and THE EUROPEAN SPACE AGENCY are legitimate to request invoices that have been mentioned in the proposal provided by the applicant, [Company name / Applicant].

TYPE OF PRICE. The price type of the present Contract is stated to be a firm-fixed price cost reimbursement type of contract which refers to the reimbursement of the actual costs incur in fixed parts, related to carrying out the completion work in performance of the scheduled reviews (mid-term Contract and final) of cannot extent the projectmaximum amount stated above. VERHAERT NEW PRODUCTS AND SERVICES and THE EUROPEAN SPACE AGENCY are legitimate to request invoices that have been mentioned in the proposal cost reporting provided by the applicant, [Company name / Applicantapplicant].