Lump Sum Bid Clause Samples

Lump Sum Bid. Where the bid for an item of work is to be submitted on a "Lump Sum" or "Job" basis, the Bidder must enter a single lump-sum price in the appropriate place on the Bid proposal. Items bid on a lump-sum basis must result in a complete structure, operating plant, or system in satisfactory working condition with respect to the functional purposes of the installation as described in the Contract, and no extra compensation will be paid for anything omitted but reasonably and fairly implied.
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Lump Sum Bid. BIDDER'S NAME: PROPOSAL NUMBER: 1 LS MOBILIZATION / DEMOBILIZATION 2 LS SEDIMENT REMOVAL 3 LS BERM ARMORING 4 LS FLOODWALL REPAIR - SHEETING 5 LS FLOODWALL REPAIR – FLOWABLE FILL& ARMORING 7 LS FLOODWALL EXTENSION - SHEETING 8 LS FLOODWALL EXTENSION – CONCRETE WALL 10 LS PLANTINGS 11 LS SITE RESTORATION The following unit prices will be used to adjust the above lump sum price to compensate for modifications to the Work indicated by revisions to the CONTRACT DOCUMENTS. It is understood that these unit prices will be used for either deletions from or additions to the lump sum price. Each unit adjustment price shall include all costs (directs, indirects, overhead and profit) for furnishing and installing the unit complete based on the estimated quantities provided below and shall apply only to the specific material designated.
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Lump Sum Bid. (Not Including Fees) $ For Total Sale Weight Scale Sale Bid (Not Including Fees) $ / Ton ▇▇▇▇▇▇▇▇ Scale Sale Bid (Not Including Fees) $ / MBF Cash, certified check, cashiers check, or money order Per Sale Bid Bond Statewide Bid Bond, Number (Print name and title of Authorized Representative submitting this bid) Modified 2/4/19
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Lump Sum Bid. Owner shall pay Contractor for the cost of Project as defined in Section 4.02 ("Cost of Project"). Owner shall pay Contractor compensation for services a Lump Sum Price of $1,178,165.00.
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Lump Sum Bid. These documents are for a lump sum bid for all labour and material as set out in the Scope of Works. For the purposes of variation orders, the hourly or unit rates rate of the services should also be given if requested on the form CBD 3.1.
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Lump Sum Bid. This project is to be a LUMP SUM Bid. All work is to be performed by one contractor unless otherwise noted. Work to be done by subcontractors must be so noted on the proposal.
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Related to Lump Sum Bid

  • Lump Sum The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any ▇▇▇▇-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.

  • Lump Sum Payment If an individual JOC Task Order is scheduled for Completion within forty-five (45) days or less, the County will make one payment after thirty (30) days of Work to the Contractor, exclusive of retention. Contractor may request for one payment (including retention payment); however, payment will be made after Final Acceptance of the JOC Task Order.

  • Lump Sum Payments The retiring allowance shall be paid in annual instalments, to a maximum of three

  • Retirement Benefit (i) In consideration of the Executive's past services to the Company, the Executive shall be entitled to a retirement benefit, payable monthly for his life, in an amount equal to 50 percent of his highest monthly Base Salary during the Employment Term. Such payments shall commence on the first day of the month coincident with or next following the later of the Executive's attainment of age 58 or the end of the Employment Term (the "Commencement Date"); provided, however, that if the Employment Term terminates prior to his attainment of age 58, the Executive may elect by written notice to the Company to have such payments commence on the first day of any month after such termination of employment (the "Early Commencement Date") in a monthly amount equal to the monthly amount that the Executive would have received at the Commencement Date, reduced by one-third of one percent (.33%) per month for each month by which the Early Commencement Date precedes the Commencement Date. The amount of each payment hereunder shall be increased on each January 1 following the Early Commencement Date or Commencement Date, as applicable, by an amount determined by multiplying the amount of each monthly payment made in the preceding year by the percentage increase, if any, in the cost of living from the preceding January 1, as reflected by the Consumer Price Index. The Executive's election to have his retirement benefit payments commence on the Early Commencement Date shall not affect the Company's obligation to pay consulting fees to the Executive in accordance with Section 4 hereof. The retirement benefit shall be an unconditional, but unsecured, general credit obligation of the Company to the Executive, and nothing contained in this Agreement, and no action taken pursuant to it, shall create or be construed to create a trust of any kind between the Company and the Executive. The Executive shall have no right, title or interest whatever in or to any investments which the Company may make (including, but not limited to, an insurance policy on the life of the Executive) to aid it in meeting its obligations hereunder. (ii) From time to time, the Company shall make such contributions to the trust established under the Trust Agreement dated as of December 18, 1986 (the "1986 Trust") between the Company, as grantor, and Wi▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, as successor trustee, to provide a sufficient reserve for the discharge of its obligation to pay the retirement benefit to the Executive as provided in clause (i) of this Section 3(c) and clauses (ii) and (iii) of Section 5(a) hereof.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.