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What is a fixed term contract?
Generally, a fixed term contract means you are tied into the contract for a fixed term. An example would be like a telephone line, most companies have a fixed term contract of say 12 months. Apart from your 'tester period' at the beginning, you are stuck in the contract for 12 months.
What are the relative merits of a fixed wage remuneration contract?
i want to know the relative merits of a fixed wage remuneration contract
How long can you be employed on a fixed term contract?
For the duration of the fixed term.
What is the difference between prepaid and fixed term contract?
Prepaid is the same as fixed term!
What contract type puts the full risk on the contractor?
Fixed Pric
How many years of work a fixed term contract become a regular contract in big organizations?
The fixed term of a contract does not automatically change after any time period. It remains the same until replaced by a new contract that includes a negotiated change in term.
What is the proper amount of money to obligate at the award of a firm fixed-price contract?
The full amount of the contract
What is definition of expiration?
The ending of the fixed period for which a contract is valid.
What are the Disadvantages of a construction Fixed Price Contract?
The disadvantage of a fixed price contract is work can be incomplete or sloppy if they fall behind. When a vendor is working on a fixed price contract, they do their best to keep their cost down. The more they save themselves, the more they profit. In efforts to keep their profit margins high, they could reduce the quality of their work.
What are the Disadvantages of a construction Fixed-Price Contract?
The disadvantage of a fixed price contract is work can be incomplete or sloppy if they fall behind. When a vendor is working on a fixed price contract, they do their best to keep their cost down. The more they save themselves, the more they profit. In efforts to keep their profit margins high, they could reduce the quality of their work.
What is the cost plus fixed fee contract?
A type of cost reimbursement contract that assigns minimal responsibility for costs and for which a fixed fee is negotiated. The fee provides an incentive for a subcontractor to contract for efforts that might otherwise pose too great a risk to it to assume.
What Life insurance companies are issuing Guaranteed investment contract?
fixed
