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Fixed Price Contract Definition - MilitaryDictionary.org
fixed price contract
Term Source:
JP 4-10
(Operational Contract Support)
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1.) A type of contract that generally provides for a firm price or, under appropriate circumstances, may provide for an adjustable price for the supplies or services being procured.
In the United States, military vocabulary is standardized by the Department of Defence. These terms are used by the United States Army, Navy, Air Force, and Marine Corps.
Term Classification: logistics
Source:
Department of Defence, Dictionary of Military and Associated Terms
Term sourced from JP 4-10: Operational Contract Support, updated July 2014
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This term is marked as active and was last updated in 2015
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