Document background
This Fixed Fee Agreement template is designed for use under German law when parties wish to establish a clear, predetermined payment structure for specific services or deliverables. It is particularly suitable for situations where the scope of work can be well-defined in advance and both parties prefer cost certainty over variable pricing models. The document incorporates essential elements required under German law, including detailed service specifications, acceptance procedures, and payment terms in compliance with the German Civil Code (BGB). It is commonly used in professional services, consulting, IT projects, and other sectors where discrete deliverables can be clearly specified. The agreement provides comprehensive coverage of key commercial and legal terms while maintaining flexibility to accommodate specific project requirements and risk allocations.
