Definition
Type of fixed-price contract which provides for a review and retroactive or prospective revision of the contract price during or at completion of the contract. Also called fixed price contract with provision for re-determination of price. See also fixed price contract with economic price adjustment, and fixed price contract with price escalation.
Related Articles
- The FOMC and its Impact on Monetary Policy *
- Tax Issues Related to Your Business *
- Business Finance 101 *
- Less Popular Types of Bonds *
- Inflation, Interest Rates and the Fed *
- Consider Taxes When Picking Mutual Funds *
- All ETFs Are Not Equal *
- Different Types of Credits to be Aware of While Filing Taxes *
Related Videos
http://www.businessdictionary.com/definition/fixed-price-redeterminable-contract.html
