Basis of Lump Sum Price Clause Samples

The 'Basis of Lump Sum Price' clause defines how the total fixed price for a project or contract is determined and what it covers. It typically outlines which work items, services, or deliverables are included in the lump sum amount, and may specify any exclusions or assumptions that underpin the agreed price. This clause ensures both parties have a clear understanding of the scope and financial boundaries of the contract, thereby minimizing disputes over additional costs and clarifying the allocation of financial risk.
Basis of Lump Sum Price. The Lump Sum Price is based on the following documents:
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Basis of Lump Sum Price. The Lump Sum Price is based on the following documents: .1 Exhibit A: List of Drawings, Specifications and other documents on which the Lump Sum Price is based. .2 Exhibit B: Form of Offer Letter .3 Exhibit C: ▇▇▇▇▇ ▇▇▇▇▇ Wage Rates .4 Exhibit D: Subcontracting Plan .5 Exhibit E: Solicitation Number DCAM-12-CS-0174
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Basis of Lump Sum Price. The Lump Sum Price is based on the following documents: Section 4.4.1 Exhibit A1: Scope of Work Section 4.4.2 Exhibit A2: Drawings Section 4.4.3 Exhibit A3: Finishes Section 4.4.4 Exhibit B: Offer Letter dated
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Basis of Lump Sum Price. The Lump Sum Price is based on the following documents: Section 4.4.1 Exhibit A: Drawings and Specifications Section 4.4.2 Exhibit B: Offer Letter dated Section 4.4.3 Exhibit C: ▇▇▇▇▇ ▇▇▇▇▇ Wage Rates Section 4.4.4 Exhibit D: Subcontracting Plan Section 4.4.5 Exhibit E: DC United Stadium Project Labor Agreement Section 4.4.6 Solicitation DCAM-16-CS-0031 as amended, incorporated into this contract by reference.
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Related to Basis of Lump Sum Price

  • Basis of Reinsurance Reinsurance under this Agreement will be on the Yearly Renewable Term basis on the portion of each policy that is reinsured as described in Schedule A.

  • Basis of Bargain The Limited Warranty and Disclaimer and Limited Liability set forth above are fundamental elements of the basis of the agreement between PremiumSoft and you. PremiumSoft would not be able to provide the Software on an economic basis without such limitations. Such Limited Warranty and Disclaimer and Limited Liability inure to the benefit of PremiumSoft's licensors.

  • Basis of Computation Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day year.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Basis of Settlement Unless otherwise provided, the Insurer is not liable beyond the actual cash value of the property at the time any loss or damage occurs and the loss or damage shall be ascertained or estimated according to such actual cash value with proper deduction for depreciation, however caused, and shall in no event exceed what it would then cost to repair or replace the same with material of like kind and quality.