Document background
This Cost Fixed Fee Contract is designed for use in commercial transactions under Swiss law where parties seek to establish a clear, fixed-price arrangement for specific deliverables or services. It is particularly suitable when the scope of work can be well-defined upfront and the service provider is willing to assume the risk of cost variations. The document encompasses all essential elements required under the Swiss Code of Obligations, including detailed provisions for payment terms, quality standards, and warranty obligations. It's structured to provide comprehensive coverage of project execution requirements while maintaining flexibility for various business sectors. The agreement is commonly used for projects where budget certainty is a priority and both parties prefer to avoid the complexity of time-and-materials billing arrangements.
