Contract Pricing

Contract pricing is the agreed-upon amount a buyer pays a seller for goods or services outlined in a contract. It involves negotiating and setting the price upfront, which can be fixed, variable, or a combination, depending on factors like quantity, duration, and market conditions. This approach provides clarity and stability for both parties, ensuring expectations are clear. Contract pricing is commonly used in business deals to manage costs, reduce surprises, and establish long-term relationships, allowing both sides to plan and budget effectively.