Fixed Price Contract

A type of contract involving a set total price for a defined product, service, or result.

Procurement

• ECO 2026 — PMP Examination Content Outline 2026
• PMBOK 7 — PMBOK Guide, 7th Edition
• ISO 21502 — ISO 21502:2020

• PMI, PMP Examination Content Outline (2026)
• PMI, A Guide to the Project Management Body of Knowledge (PMBOK Guide), 7th Edition
• ISO 21502:2020, Project, programme and portfolio management — Guidance on project management

Al Sawady, B. (2026). "Fixed Price Contract." Bayhas PM Lexicon. https://lexicon.bayhaspm.com/en/terms/fixed-price-contract (version 2026-08-30)

Version date: 2026-08-30