Vertragspreisen
Vertragspreisen, often translated as contract prices, refers to the agreed-upon amount of money exchanged for goods or services in a legally binding contract. This price is a fundamental element of most commercial agreements and is determined through negotiation between the parties involved. The specific methodology for arriving at a contract price can vary widely depending on the nature of the transaction, industry standards, and the bargaining power of each party. Factors influencing contract prices include production costs, market demand, competitor pricing, desired profit margins, and the perceived value of the goods or services.
In some cases, contract prices are fixed from the outset, providing certainty for both buyer and seller.