Common use of Lump Sum Compensation Clause in Contracts

Lump Sum Compensation. SERVICE AUTHORITY agrees to pay CONSULTANT as compensation for performance of all services as related to the Work a Lump Sum of $ enter amount. It is understood that the method of compensation is that of Lump Sum which means that CONSULTANT shall perform all services set forth for total compensation in the amount stated above. Said Lump Sum includes but is not limited to, compensation for all fees, expenses, and out-of-pocket costs of the CONSULTANT. In the event the CONSULTANTS actual costs exceeds this amount the CONSULTANT shall complete the required deliverables and the SERVICE AUTHORITY shall pay $ enter amount..

Appears in 6 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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