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Four Types of Pricing for Contracts

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How should we determine the pricing for the following types of contracts:

1. Professional
2. Technical
3. Operating
4. 3rd Party

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Solution Summary

This solution gives you contract pricing for four types of contracts. Each of the four types is described in some detail.

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How should we determine the pricing for the following types of contracts:
1. Professional
2. Technical
3. Operating
4. 3rd Party

The professional contract is for services provided by professionals that are qualified. The pricing depends on the number of hours/days the professionals have to put in, for example. The pricing of a contract for nursing services depends on the current per hour rate in the market, and the rate being charged by competitors.

The contract for technical services ...

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