TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
GUARANTEED-MAXIMUM-PRICE CONTRACT [1 record]
Record 1 - internal organization data 2010-04-19
Record 1, English
Record 1, Subject field(s)
- Law of Contracts (common law)
- Government Contracts
Record 1, Main entry term, English
- maximum-price contract
1, record 1, English, maximum%2Dprice%20contract
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- guaranteed-upset-price contract 2, record 1, English, guaranteed%2Dupset%2Dprice%20contract
correct
- guaranteed-maximum-price contract 3, record 1, English, guaranteed%2Dmaximum%2Dprice%20contract
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
The maximum-price contract, often placed non-competitively, sets a ceiling price; the final price is settled on the basis of actual cost plus an agreed profit. 1, record 1, English, - maximum%2Dprice%20contract
Record number: 1, Textual support number: 2 CONT
for "guaranteed-maximum-price contract" : A cost-plus-fixed-fee contract or a cost-plus-percentage-fee contract which provides for a maximum total price of cost and fee, beyond which the owner need not pay (...) If the cost and fee together amount to less than the maximum price, the owner saves the difference. This type of contract may also provide for sharing of savings and excess cost. 4, record 1, English, - maximum%2Dprice%20contract
Record 1, French
Record 1, Domaine(s)
- Droit des contrats (common law)
- Marchés publics
Record 1, Main entry term, French
- marché au maximum
1, record 1, French, march%C3%A9%20au%20maximum
correct
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
(...) il est possible de combiner marché à forfait et marché au métré. C'est le marché au maximum dans lequel les travaux doivent être payés au métré comme dans le marché du même nom, mais sans que le prix puisse excéder un certain chiffre, comme dans le marché à forfait. 1, record 1, French, - march%C3%A9%20au%20maximum
Record 1, Key term(s)
- contrat au maximum
Record 1, Spanish
Record 1, Textual support, Spanish
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau
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