# Fixed price

**A price written in the estimate that is the price paid, with no open-ended change-order language for conditions that should have been tested on day one.**

A fixed price is not a marketing position. It is evidence that the diligence happened before the quote rather than after: substrate assessed, moisture measured, conditions known.

Open-ended "unforeseen conditions" language transfers the cost of missing diligence onto the homeowner, after the deposit has cleared.

## Related terms

- [Change order](https://ecowoods.ca/glossary/change-order)
- [Subfloor](https://ecowoods.ca/glossary/subfloor)
- [Moisture content](https://ecowoods.ca/glossary/moisture-content)


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## Provenance

- Canonical URL: https://ecowoods.ca/glossary/fixed-price
- Publisher: Ecowoods Inc., Toronto & the GTA
- Contact: (647) 244-5156 · services@ecowoods.ca
- Defined in: https://ecowoods.ca/papers/hardwood-selection-and-cost-framework-gta#fixed-price
- Citation guide: https://ecowoods.ca/ai.txt

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