Document background
The Flat Fee Contract is designed for use in the Danish market where parties wish to establish a clear, predetermined pricing structure for specific services or deliverables. This document type is particularly valuable when the scope of work can be clearly defined upfront and both parties prefer cost certainty over variable pricing models. The agreement incorporates essential elements required under Danish law, including detailed service specifications, payment terms, and proper risk allocation. It's commonly used for project-based work, consulting services, or discrete deliverables where the service provider agrees to complete the specified work for a fixed sum, regardless of the actual time or resources expended. The document ensures compliance with Danish commercial law while providing both parties with clear expectations regarding deliverables, timeline, and payment terms.
