Apr 1, 2011 · What is the difference between fixed rate and fixed price? Can they be one in the same? Context: I was recently involved in the purchase of satellite services on tracking devices. The devices …

Feb 7, 2023 · We have a 5 year CPFF contract for approx $10m. As I understand it, the Fee is fixed, so if our rates increase during the life of the contract, this would eat in to our Fee. Or do we get a …

Nov 30, 2016 · Hello, I am having trouble grasping this concept and was hoping for someone to give me an answer or at least a nudge in the right direction. At my organization that I just started at there are …

Mar 18, 2015 · Has anyone used a firm-fixed-unit-price contract [see FAR 36.207 (a) and ( b )] to buy services, commercial or noncommercial? If so, what do you consider to be: (1) the essential …

Jan 24, 2013 · My firm has a Firm Fixed Price service contract which entered its final year in October, 2012. The contract requires a fixed number of annual productive hours of severable services. The …

Jan 20, 2017 · I have a client that is pushing us to use a cost plus fixed fee vs a time and material for our subcontractor. They believe with a fixed fee of 7% that is all the profit they would receive but my …

Oct 15, 2016 · I issued a request for pricing for a sole source single award IDIQ contract for services with a five year ordering period. In Section B the contract required fully burdened labor rates for each …

Aug 5, 2013 · A couple of years ago I encountered an issue with sole-source contracting for a series of requirements where the offerors each proposed an annual escalation rate of 5% for his / her …

May 5, 2016 · The parties negotiated a fixed-price for the contract. The price adjustment must be grounded in that price--on the hours and types of labor on which the price is based.

Aug 23, 2017 · A fixed-price incentive contract is a fixed-price contract that provides for adjusting profit and establishing the final contract price by a formula based on the relationship of final negotiated …