When and How to Use a Fixed-Price Contract

Archived Published: 25 June 2008 ID: G00158185


Purchase this Document

Price: $95.00 USD (PAGES: 6)

To purchase this document, you will need to register or sign in above.


It is important for organizations to avoid potential pitfalls when entering into fixed-price agreements with vendors for IT services.

Table of Contents

  • What You Need to Know
  • Analysis
    • Definition of a Fixed-Price Contract
    • Why should customers enter into fixed-price contracts?
    • What are the risks for customers when entering into fixed-price contracts?
    • What steps should customers take to minimize risk when entering into a fixed-price contract?
    • Conclusions
    • Tactical Guidelines
  • Recommended Reading
© 2008 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

Why Gartner

Gartner delivers the technology-related insight you need to make the right decisions, every day.

Find out more