Common use of Lump Sum Basis Clause in Contracts

Lump Sum Basis. Lump Sum Basis is a method of compensation whereby CONSULTANT is compensated for designated milestones for a specific task order. All of the CONSULTANT’S costs including employee salaries, overhead, other direct costs, subcontract expenses, and profit are included in the Lump Sum Amount.

Lump Sum Basis. Lump Sum Basis is a method of compensation whereby CONSULTANT is compensated for designated milestones for a specific task order. All of the CONSULTANT’S ’s costs including employee salaries, overhead, other direct costs, subcontract expenses, and profit are included in the Lump Sum Amount.

Lump Sum Basis. Lump Sum Basis is a method of compensation whereby CONSULTANT is compensated for percent completion of designated milestones for a specific task order. All of the CONSULTANT’S ’s costs including employee salaries, overhead, other direct costs, subcontract expenses, and profit are included in the Lump Sum Amount.