Portuguese translation: contrato de preço fixo garantido
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17:03 Apr 13, 2018
English to Portuguese translations [PRO] Law/Patents - Finance (general)
English term or phrase:firm fixed price basis
"Company name" will compensate the Subcontractor on a firm fixed price basis as follows:
Provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This type of contract places upon the contractor maximum risk and full responsibility for all costs and resulting profit or loss. Provides maximum incentive for the contractor to control costs, and imposes a minimum administrative burden on the customer.
Ana Vozone Local time: 10:53 Meets criteria Specializes in field Native speaker of: Portuguese PRO pts in category: 317