Fixed Amount Contract – Homeowner
$15.95
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Fixed Amount Contract – Homeowner Fixed-Price service contract refers to a contract for services, or supplies that involves the furnishing of services, when a fixed-price contract is contemplated and the contract amount is expected to exceed unreasonably. A contracting officer may insert a clause in such solicitations and contracts when the contract amount is expected to be at or below the simplified acquisition threshold and inclusion is in government's interest.
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