REALWorld Law


'Fixed price contracts'

Is it possible for parties to enter into a construction contract where the price to be paid to the contractor is fixed?



Under French law, parties are entitled to enter into fixed price contracts. In such cases, the contractor carries out construction works (as detailed in one or more plans and/or documents) against a fixed price agreed prior to the execution of the works.

In principle, the contractor is not entitled to request additional money. However, the agreed price may vary where the owner instructs variations in the works.