Fixed-price Contract
A fixed-price contract is a type of contract for the supply of goods or services, such that the agreed payment amount will not subsequently be adjusted to reflect the resources used, costs incurred or time expended by the contractor. This contract type may be contrasted with a cost-plus contract, which is intended to cover the costs incurred by the contractor plus an additional amount for profit, and with time-and-materials contracts and labor-hour contracts.General Services AdministrationFederal Acquisition Regulation Subpart 16.2 - Fixed-Price Contracts effective 12 April 2023, accessed 16 January 2024 Fixed-price contracts are one of the main options available when contracting for supplies to governments. Fixed prices can require more time, in advance, for sellers to determine the price of each item. However, the fixed-price items can each be purchased faster, but bargaining could set the price for an entire set of items being purchased, reducing the time for bulk purchases. Al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or equitable remedies such as specific performance or rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jurisdictions, civil law jurisdictions, or mixed-law jurisdictions that combine elem ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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A400M
The Airbus A400M AtlasNamed after the Greek mythological figure. is a European four-engine turboprop military transport aircraft. It was designed by Airbus Military, now Airbus Defence and Space, as a tactical airlifter with strategic capabilities to replace older transport aircraft such as the Transall C-160 and the Lockheed C-130 Hercules. The A400M is sized between the C-130 and the Boeing C-17 Globemaster III. It can carry heavier loads than the C-130 and can use rough landing strips. In addition to its transport capabilities, the A400M can perform aerial refueling and medical evacuation when fitted with appropriate equipment. The A400M's maiden flight took place on 11 December 2009 from Seville Airport, Spain. Between 2009 and 2010, the A400M faced cancellation as a result of development programme delays and cost overruns; however, the customer nations chose to maintain their support for the project. A total of 174 A400M aircraft had been ordered by eight nations by ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Contract Law
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more Party (law), parties. A contract typically involves consent to transfer of goods, Service (economics), services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek legal remedy, judicial remedies such as damages or equitable remedies such as specific performance or Rescission (contract law), rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that pacta sunt servanda, agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Closing (real Estate)
Closing may refer to: Business and law * Closing (law), a closing argument, a summation * Closing (real estate), the final step in executing a real estate transaction * Closing (sales), the process of making a sale * Closure (business), Closing a business, the process by which an organization ceases operations Computing * Closing (morphology), in image processing * Finalize (optical discs), the optional last step in the authoring process * CLOSING, a Transmission Control Protocol#Protocol operation, TCP connection state Other uses * Closing a Letter (message), letter or e-mail (see valediction) * "Closing", a song by Enter Shikari from the album ''Take to the Skies'' See also * Closing argument * ''Closing Bell'', CNBC television programs * Closing credits * Closing statement (other) * Closing time (other) * Close (other) * Closed (other) * Closure (other) * Conclusion (other) {{disambig ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Binder
Binder may refer to: Businesses * Binder FBM, a former German jewelry manufactory * Binder Dijker Otte & Co., the expansion of "BDO" in BDO International Computing * Binder Project, package and share interactive, reproducible environments * File binder, software that binds files into one executable * Microsoft Binder, a discontinued Microsoft Office application * OpenBinder, a system for inter-process communication * Binder, an alternative to the Linkage Editor in MVS, introduced in Data Facility Storage Management Subsystem. Geography * Binder, Khentii, a district of Khentii Province in eastern Mongolia * Binder, an abandoned village in Germany at the site of Hunnesrück Stationery * Binder (rubber band) * Binder clip, a small device for holding together sheets of paper * Ring binder, a device to hold together multiple sheets of paper with punched-in holes Other uses * Binder (material), any material or substance that holds or draws other materials together * Binder ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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General Contractor
A contractor (North American English) or builder (British English), is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and the communication of information to all involved parties throughout the course of a building project. In the United States, a contractor may be a sole proprietor managing a project and performing labor or carpentry work, have a small staff, or may be a very large company managing billion dollar projects. Some builders build new homes, some are remodelers, some are developers. Description A general contractor is a construction manager employed by a client, usually upon the advice of the project's architect or engineer. General Contractors are mainly responsible for the overall coordination of a project and may also act as building designer and construction foreman (a tradesman in charge of a crew). A general contractor must first assess the project-specific documents (referred to as a bid, proposal, or tend ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Boeing
The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia. The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3billion in sales. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Boeing KC-46 Pegasus
The Boeing KC-46 Pegasus is an American military aerial refueling and strategic military transport aircraft developed by Boeing from its 767 jet airliner. In February 2011, the tanker was selected by the United States Air Force (USAF) as the winner in the KC-X tanker competition to replace older Boeing KC-135 Stratotankers. The first aircraft was delivered to the USAF in January 2019. The USAF intends to procure 179 tankers by 2027. Development Background In 2001, the U.S. Air Force began a procurement program to replace around 100 of its oldest KC-135E Stratotankers, and selected Boeing's KC-767. The Boeing tanker received the ''KC-767A'' designation from the United States Department of Defense in 2002 and appeared in the 2004 edition of DoD model designation report. The USAF decided to lease 100 KC-767 tankers from Boeing. U.S. Senator John McCain and others criticized the draft leasing agreement as being wasteful and problematic. In response to protests, the USAF str ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Department Of Defense
The United States Department of Defense (DoD, USDOD, or DOD) is an United States federal executive departments, executive department of the federal government of the United States, U.S. federal government charged with coordinating and supervising the six U.S. armed services: the United States Army, Army, United States Navy, Navy, United States Marine Corps, Marines, United States Air Force, Air Force, United States Space Force, Space Force, the United States Coast Guard, Coast Guard for some purposes, and related functions and agencies. As of November 2022, the department has over 1.4 million active-duty uniformed personnel in the six armed services. It also supervises over 778,000 National Guard (United States), National Guard and reservist personnel, and over 747,000 civilians, bringing the total to over 2.91 million employees. Headquartered at the Pentagon in Arlington County, Virginia, just outside Washington, D.C., the Department of Defense's stated mission is "to provid ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Flying Wing
A flying wing is a tailless fixed-wing aircraft that has no definite fuselage, with its crew, payload, fuel, and equipment housed inside the main wing structure. A flying wing may have various small protuberances such as pods, nacelles, blisters, booms, or vertical stabilizers. Similar aircraft designs, that are not technically flying wings, are sometimes casually referred to as such. These types include blended wing body aircraft and lifting body aircraft, which have a fuselage and no definite wings. Whilst a pure flying wing is theoretically the lowest- drag design configuration for a fixed wing aircraft, a lack of conventional stabilizing surfaces and the associated control surfaces make them unstable and difficult to control. The basic flying wing configuration became an object of significant study during the 1920s, often in conjunction with other tailless designs. In the Second World War, both Nazi Germany and the Allies made advances in developing flying wings. Mili ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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A-12 Avenger II
The General Dynamics/McDonnell Douglas A-12 Avenger II was a proposed American attack aircraft from General Dynamics and McDonnell Douglas. It was to be an all-weather, carrier-based stealth bomber replacement for the Grumman A-6 Intruder in the United States Navy and Marine Corps. Its ''Avenger II'' name was taken from the Grumman TBF Avenger of World War II. The development of the A-12 was troubled by cost overruns and several delays, causing questions of the program's ability to deliver upon its objectives; these doubts led to the development program's cancellation in 1991. The manner of its cancellation was contested through litigation until a settlement was reached in January 2014. Design and development Advanced Tactical Aircraft program The United States Navy began the Advanced Tactical Aircraft (ATA) program in 1983. The program was to develop and field a replacement for the A-6 Intruder by 1994. Stealth technology developed for the United States Air Force would be us ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |