TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MAXIMUM PRICE [1 record]

Record 1 2011-10-21

English

Subject field(s)
  • Government Contracts
  • Finance
  • Foreign Trade
DEF

The maximum price stated in a contract to be paid to the contractor for the work agreed upon.

OBS

In such cases both parties agree prior to the award of the contract that the price may be subject to downward revision based on a pre-established payment formula.

OBS

Standardized by the CGSB.

Key term(s)
  • maximum price

French

Domaine(s)
  • Marchés publics
  • Finances
  • Commerce extérieur
DEF

Prix maximal, précisé dans le contrat, qui doit être payé à l'entrepreneur pour le travail défini.

OBS

Dans ce cas, les deux parties conviennent avant l'adjudication du contrat que le prix peut être soumis à une révision à la baisse fondée sur une formule de paiement établie au préalable.

OBS

Normalisé par l'ONGC.

Spanish

Campo(s) temático(s)
  • Contratos gubernamentales
  • Finanzas
  • Comercio exterior
DEF

Precio máximo, fijado en el contrato, que se deberá pagar al contratista por el trabajo acordado.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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