Sentences with phrase «fixed price contract»

In 2014, NASA chose Boeing and SpaceX as the winners of the Commercial Crew Transportation Capability (CCtCAP) competition, the final phase of the commercial crew development program, for firm fixed price contracts of $ 4.2 billion (Boeing) and $ 2.6 billion (SpaceX) respectively.

As raw materials prices continued to increase, specifically steel and aluminum, some of the company's fixed price contracts in backlog were no longer profitable.

Müller Direct farmers can apply to apportion milk in 10,000 liter per month lots from today (April 18) and the «Müller Direct Fixed Price Contract» commences June 1.

The subsidiaries are on 50 - year firm, fixed price contracts with the Government; the contract prices are subject to redetermination every 3 years.

Under firm fixed price contracts the companies bear the financial risk of cost increases and schedule delays, although the contract value can be increased if NASA changes the scope or requests additional tests, for example.

Boeing and SpaceX were selected by NASA in 2014 for firm fixed price contracts to complete development of systems to take crews to and from the ISS.

«That business has had tremendous growth over the past few years, and Medicure has a fixed price contract on it,» Barr said.

As there was no express agreement as to price, the contractor argued there was an implied term to pay general supervision of $ 12,000 per month for the extras, because that sum was a component of the fixed price contract, which governed the original scope of work.

The respondent was retained by the appellant to a fixed price contract to carry out renovations and an addition to her home.