Lump Sum Items Clause Samples

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Lump Sum Items. For all Work to be paid on a lump sum basis, Contractor shall, not later than 10 days after execution of the Contract and before submitting its first Pay Request, submit to Owner a schedule showing the value of each component part of such Work in form and with substantiating data acceptable to Owner (“Breakdown Schedule”). The sum of the items listed in the Breakdown Schedule shall equal the amount or amounts set forth in the Schedule of Prices for Lump Sum Work. An unbalanced Breakdown Schedule providing for overpayment of Contractor on component parts of the Work to be performed first will not be accepted. The Breakdown Schedule shall be revised and resubmitted until acceptable to Owner. No payment shall be made for any lump sum item until Contractor has submitted, and Owner has approved, an acceptable Breakdown Schedule. Owner may require that the approved Breakdown Schedule be revised based on developments occurring during the provision and performance of the Work. If Contractor fails to submit a revised Breakdown Schedule that is acceptable to Owner, Owner shall have the right either to suspend Progress and Final Payments for Lump Sum Work or to make such Payments based on Owner’s determination of the value of the Work completed.
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Lump Sum Items. Where items in Schedule A are nominated as Lump Sum items, then payment will be made on a rate basis following the approved completion of the relevant tasks in single milestone. No further payment over and above the Lump Sum nominated in the relevant item of Schedule A will be made. The Contractor shall pay all taxes, duties and fees required to be paid by him under the Contract, and the Contract Price shall not be adjusted for any of these costs, except as stated in Clause 31 of the General Condition to Contract[Variations] 14.14 PROVISIONAL SUM ITEMS
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Lump Sum Items. Paid in Accordance with a Schedule .1 When an interim payment is to be a specified percentage of a lump sum item, and is calculated based on the ratio of the value of Work completed to the interim date, and the Contract Bid Amount, that specified percentage will be included in the calculation of the value of the Work completed to that interim date.
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Lump Sum Items. The abatement and cleaning of sites is paid as a lump sum and shall include all labor and equipment needed for cleanup, collecting, removal, and disposal services. Surveying and documenting of site abatement will also be included under the lump sum items. The following requirements are part of and included under the lump sum items.  Work shall consist of clean up and proper disposal of all biohazardous materials, human waste, garbage, general debris, constructed temporary shelters, and other items associated with homeless camps.  The Contractor shall provide all labor, materials, tools, protective clothing, equipment and supplies required to remove homeless camps.  The Contractor shall provide a crew sufficient to clear and clean the site properly.  The Contractor is responsible for the supervision/management of its crew and ensures that all necessary safety procedures are followed.  The Contractor shall separate debris, biological waste, sharps, and other hazardous materials by using proper containers for storage and transport. An OSHA-compliant biohazard sharps container for needles and razor blade pickup shall be utilized.  The Contractor shall remove, transport, and dispose of all debris, biological waste, sharps, and other hazardous substances and materials to proper collections sites (Landfill, Hospitals, County hazardous collection site) while insuring they meet all applicable laws.  The Contractor shall photograph the encampment site before and after the cleanup to document the condition of the homeless camp site. This documentation shall be provided to the NMDOT electronically upon request.  The Contractor shall ensure that personnel working on the site are properly trained and provide copies of training records and certifications as applicable to these abatement services as described in this price agreement.  Mobilization of equipment and man power shall be include as part of the Lump Item.
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Lump Sum Items 
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Related to Lump Sum Items

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Employer Contributions An employer must make such superannuation contributions to a superannuation fund for the benefit of an employee as will avoid the employer being required to pay the superannuation guarantee charge under superannuation legislation with respect to that employee.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

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