1.1. Subject of the Contract - European Space Agency

Firm Fixed Price (FFP), as defined in Section 2.1 of Annex II to the GCC for ESA Contracts. Where applicable, [Ceiling Price (CP) at [ ] economic conditions, including (Firm) Fixed Price (F)FP) elements as defined in Section 2.1 or 2.2 of Annex II to the General Clauses and Conditions for ESA Contracts, to be converted into a (Firm) Fixed Price ... ................
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