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Dictionary by pitch.dog
Fees, markups & cancellation · Working

Fixed fee

ELI5

An agreed fee that does not change unless the defined scope or deal changes.

Used in conversation

“We need to agree fixed fee before anyone commits the cost.”

Pitch context

You may encounter “Fixed fee” in advertising & director treatments conversations or materials.

Why it matters: Helps interpret the brief, director treatment, bid, award, production process and campaign deliverables.

Connected terms

  • Cost-plusCost-plus reimburses qualifying costs plus an agreed fee; fixed fee sets compensation independently of actual cost movement within the agreed scope.
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Sources & evidence · 4

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.