Pricing Method Common With ContractsGenerally, the pricing of most business contracts is based on either 'fixed-price' or 'cost-plus'.

Fixed-Price

A fixed-price contract involves a specified amount of payment that is independent on the amount of resources or time expended in performing the contract.  Stated simply, a fixed-price contract is a contract in which the required final price is the price originally set without variance.  The payment required is as per the final price agreed at the outset of the contract.  Fixed-price contracts work when costs are well known in advance.

Cost-Plus

A cost-plus contract, also known as a cost reimbursement contract, is intended to include the costs of performing the contract plus a specified profit (usually a percentage).  A cost-plus contract arrangement is often used with government contracts to put cost over-run risks on the buyer (government).  This is especially common for contracts involving innovative projects with untested or undeveloped technologies such as new military equipment where an estimate failure may lead to costs greatly exceeding the financial capacity of the contractor.

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Affordable Immigration and Paralegal Support

799 Cannon Street East
Hamilton, Ontario, L8L 2H3
P: (289) 389-0922

2 St. Clair Avenue West, Suite 601
Toronto, Ontario, M4V 1L5
P: (647) 896-2573

New Satellite Office located inside ServiceOntario
50 Dundurn Street South, Unit 10
Hamilton, Ontario

Hours of Business

Hamilton Office
Monday: 9:30AM – 4:30PM
Tuesday: 9:30AM – 4:30PM
Wednesday: 9:30AM – 4:30PM
Thursday: 9:30AM – 4:30PM
Friday: 9:30AM – 4:30PM
Drop Ins Welcome

Evening and weekend hours available for booked appointments.

Toronto Office
Monday: 11:00AM – 7:00PM
Tuesday: 11:00AM – 7:00PM
Wednesday: 11:00AM – 7:00PM
Thursday: 11:00AM – 7:00PM
Friday: 11:00AM – 7:00PM

Service Areas

Hamilton
Toronto
Mississauga
Etobicoke
Brampton
Orangeville
Markham
Niagara
Brantford
Burlington
Oakville
Milton
Ancaster
St. Catharines
Surrounding areas

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