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Homeland School DistrictRequest for Proposal and Model Fixed Price ContractProcurement Resources Unit Nutrition Services Division Systems Support Branch March 2021iNotice of Request for Proposals
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Model fixed-price is a pricing mechanism where the price is set and does not change regardless of changes in the cost of production.
Entities engaged in regulated industries may be required to file model fixed-price for certain products or services.
Model fixed-price is typically filled out by providing details of the product or service being priced, as well as the fixed price being charged.
The purpose of model fixed-price is to provide transparency and predictability in pricing for consumers and regulatory authorities.
Information such as the product or service being priced, the fixed price, and any relevant cost information may need to be reported on model fixed-price.
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