- published: 24 Oct 2016
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The term fixed price is a phrase used to mean the price of a good or a service is not subject to bargaining. The term commonly indicates that an external agent, such as a merchant or the government, has set a price level, which may not be changed for individual sales. In the case of governments, this may be due to price controls.
Bargaining is very common in many parts of the world, outside of retail stores in Europe or North America or Japan, this makes this an exception from the general norm of pricing in these areas.
A fixed-price contract is a contract where the contract payment does not depend on the amount of resources or time expended by the contractor, as opposed to cost-plus contracts. These contracts are often used in military and government contractors to put the risk on the side of the vendor, and control costs.
Historically, when fixed-price contracts are used for new projects with untested or developmental technologies, the programs may fail if unforeseen costs exceed the ability of the contractor to absorb the overruns. In spite of this, such contracts continue to be popular. Fixed-price contracts tend to work when costs are well known in advance.
Fixed Value Arbitrary Price, Fixed Value Arbitrary Price
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Need Answer Sheet of this Question paper Contact us at answersheethelp@gmail.com M: 7019944355 CORPORATE LAW 1. How is the price fixed in a contract of sale? If price is not determined by the parties, what price, if any, is the buyer liable to pay? 2. On what principles and to what extent can a wife pledge her husband’s credit (i) while she lives with him and (ii) while she lives apart from him. 3. When a pledger fails to redeem his pledge, what rights does the pledgee have in the pledge? 4. When the cheque shall be considered as dishonoured and what are the consequences of the dishonour of the cheques? 5. “Every shareholder of a company is also known as a member; while every member may not be known as a shareholder.” Comment. 6. Discuss briefly the provisions of the Companies Act in rega...
Need Answer Sheet of this Question paper Contact us at answersheethelp@gmail.com M: 7019944355 CORPORATE LAW 1. How is the price fixed in a contract of sale? If price is not determined by the parties, what price, if any, is the buyer liable to pay? 2. On what principles and to what extent can a wife pledge her husband’s credit (i) while she lives with him and (ii) while she lives apart from him. 3. When a pledger fails to redeem his pledge, what rights does the pledgee have in the pledge? 4. When the cheque shall be considered as dishonoured and what are the consequences of the dishonour of the cheques? 5. “Every shareholder of a company is also known as a member; while every member may not be known as a shareholder.” Comment. 6. Discuss briefly the provisions of the Companies Act in rega...
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Video from the "Much Ado about Agile V" conference in Vancouver, BC Nov 1-4, 2010 For more information on agile software development visit: http://www.AgileVancouver.ca
Silicon Beach Gold Coast hosted it's 2nd event for 2016 at the eclectic Vintage Velvet in Surfers Paradise on the Gold Coast on the 21st of March. Amongst a stew of dynamic, successful entrepreneurs and business owners were Eden Shirley and Barry Pryce, CEO and CTO of Fixed Price Car Service. What a powerful interview it turned out to be - the duo are hosts so such an incredibly versatile and dynamic company that has worked so hard to entrench itself in the Automotive industry. Eden and Barry are pioneers and masterminds - that are truely shaping the future of a very promising industry. __________________ mentorrevolution.com Or follow and listen to us on: itunes itunes.apple.com/au/podcast/m... SimpleCast mentorrevolution.simplecast.fm/ Twitter twitter.com/mentrevo
Интервью с Николаем Свидэрским по опыту применения Agile в проектах с фиксированной стоимостью и сроками. www.sofonov.ru - обучение проектному управлению
SUBSCRIBE to get the latest meetup videos: http://bit.ly/MVUKSubscribe -- … or how I learned to stop worrying and love budgetary constraints. Fixed price (or fixed budget) projects can be the antithesis of Agile principles, and can make Continuous Delivery a battle, but they are a staple of many organisations and are often the only way to get a project signed off. We’ll look at some common antipatterns and a few workarounds to make Agile and CD work with Fixed Price projects, making use of the strengths of CD, not just shoehorning it in. Helen Hosein has worked on a variety of projects, big and small, using various methodologies and tweaking them to suit the project’s needs. She works as a Project Manager for Softwire, managing projects for a number of clients, including the BBC. Websi...
It is very important to know, how to apply or submit a proposal for a job. I’ve already explained about two types of job in introduction episode. In this episode I’ll explain, how to apply or submit a proposal for a fixed price job. Remember, if you don’t know, how to Apply or submit a proposal correctly, you could not get any job. There are some important element, you should know to apply or submit a proposal correctly. You should know, which is a very sensitive point in a cover letter. You have to know, how to write an effective cover letter. In this video I’ll show you the things: How to identify the fake and real job circular, how to identify an fixed price job, how to write an effective and winning cover letter or proposal, and how to apply or submit a proposal. Writing an effective...
If you're like most small government contractors, you've probably spent much of your time as a subcontractor. But what happens when you're ready to bid on your first prime contract? What contract types carry the most benefits and risks? And, how do you price to win without hurting your profitability? This recording from our June 12th webinar explores the impacts of contract types and pricing on small businesses. This webinar covers the benefits and risk of Firm Fixed Price, Cost-plus, and Time & Materials contracts. We also covered data sources needed for accurate and compliant pricing, and how to compute provisional rates using hourly rates, fringe, overhead, and G&A; costs. NeoSystems, a Deltek Premier Partner, helps companies convert from solutions such as QuickBooks and Peachtree to...
Please join us for the final entry in a series of panels of presentations on the results of empirical research on contracting, sponsored by the Naval Postgraduate School. This particular paper broke new ground in deriving contract outcomes, including terminations and ceiling breaches, from publically available contract data. Additionally, this study found that fixed-price contracts are more likely to face termination but are not systematically more likely to receive fewer bids or experience more change orders or ceiling breaches than cost-based contracts. Ultimately, of the circumstances tested, longer-duration contracts proved most consistently challenging to fixed-price contracts. Featuring: Greg Sanders Deputy Director and Fellow Defense-Industrial Initiatives Group, CSIS Michele M...