Lump Sum Price definition

Lump Sum Price means an all inclusive one price that applies to a single item, or specific Service as set out on the Form of Tender.

Lump Sum Price means an all‐inclusive one price that applies to a single item, or specific Service as set out in the Form of Tender.

Lump Sum Price means the amount falling due on completion of the Works (snagging items aside) as per the Programme and payment schedule submitted within the Quotation.

Examples of Lump Sum Price in a sentence

• If a pilot vehicle is used for an operation, the Lump Sum Price for Temporary Traffic Control will include the work of five (5) flaggers.

• For Lump Sum Price contracts, before the pre-construction meeting, the Contractor shall submit to the Owner and A/E a schedule of values allocated to the various portions of the Work, prepared on payment forms provided by the Owner and supported by such data to substantiate its accuracy as the Owner may require.

• For Lump Sum Price Type Contracts, before the pre-construction meeting, the Contractor shall submit to the County and A/E, a schedule of values allocated to the various portions of the Work, prepared on payment forms provided by the County and supported by such data to substantiate its accuracy as the County may require.

• The cost of preparation of the Lump Sum Price Proposal may be paid from the Construction Contingency.

• The GMP may be replaced by a Lump Sum Price as set forth in Article 3.3.7 of the General Requirements.

More Definitions of Lump Sum Price

Lump Sum Price means the amount to be paid to the DBO Contractor for the Design Build Work as set out in Article 13.

Lump Sum Price means the amount that Department agrees to pay the O&M Firm for the performance of O&M Services for the term of the Agreement. The Lump Sum Price shall not include compensation for Extra Work, which shall be reimbursed separately according to other provisions of the O&M Agreement between the Department and the O&M Firm.

Lump Sum Price shall require prospective vendor to include such taxes, as may be valid and applicable, in the offered price. No additional tax charges shall be allowable when these phrases are used.

Lump Sum Price. For tasks with a definable work product and the quantity required is certain and the contractor assumes the risk for all costs: a lump sum price. Each invoice submitted shall identify the specific contract task(s) listed in as listed in Part III and the completed work product/deliverable for the agreed upon price and quantity listed in Part III Payment Schedule.

Lump Sum Price shall have the meaning set forth in Section 4.2 of this Agreement.

Lump Sum Price means a price other than a Unit Price agreed upon in writing by the parties for a specific item of Work prior to scheduling of the item of Work.

Lump Sum Price of this Contract is Renminbi Yuan (RMB) seven million (7,000,000), of which the Preliminary Design fee shall be equal to thirty percent (30%) of the Lump Sum Price and the Construction Drawings shall equal seventy (70%) of the Lump Sum Price. Owner shall make payments to the Institute for the Preliminary Design in accordance to schedule in Section 3.6 of this Contract.