Negotiation of Cost and Profit. The Project Manager will review the proposal and negotiate either a lump sum price or a fixed profit to perform the work of each subtask and task and either a total price or a total cost not to exceed for the task.
Negotiation of Cost and Profit. The SFMTA will review the proposal and negotiate a lump sum, not-to-exceed cost (including profit) for specified deliverables, subtasks, and/or tasks.