The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FIXED PRICE REDETERMINABLE CONTRACT Definition & Legal Meaning

Definition & Citations:

A contract that gives review and retroactive revision on price during the contract drafting. AKA fixed price contract with provision for redetermination of price. Refer to fixed price contract with economic price adjustment and fixed price contract with p

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.