Lump Sum Method wherein the City of Mexico Beach shall pay the ENGINEER an agreed upon lump sum amount, which includes all of the ENGINEER's Direct Salary, Overhead Costs, Direct Expenses, Subconsultants, and Profit.
Lump Sum Method. The Lump-Sum Method shall represent a one-time distribution of Preferred Class Members equal to fifty percent (50%) of the Liquidity Proceeds.
Lump Sum Method. By mutual acceptance of a lump sum price negotiated on the basis of the Contractor’s itemized estimate of the anticipated costs of the Additional Work.
Lump Sum Method. Acceptable lump sum proposal from Design- Builder properly itemized and supported by sufficient substantiating data to permit evaluation. Estimates for lump sum proposals shall be limited to direct expenditures necessitated specifically by the subject extra work. In addition, the Design-Builder and Subcontractor will be paid a lump sum for overhead, profit, and bond. Supervision of the extra work shall be included in the lump sum percentage for overhead. For added or omitted work by Subcontractors, the Design-Builder shall furnish to the City the Subcontractor's detailed estimate of the cost for labor, material, and equipment, including the markup by the Subcontractor for overhead and profit. Such estimate of cost shall be signed by the Subcontractor. The same requirement shall apply to any Sub-subcontractor or material supplier.
Lump Sum Method. The Lump Sum Method is used when the SOW is well-defined and the total consulting effort can be estimated accurately. The consultant agrees to perform the work for a single total lump sum amount. This amount include all direct labor, overhead, profit, direct cost other than payroll, and the direct cost of work and services by others. The lump sum amount is arrived at through the development and evaluation of estimates of each cost element for the anticipated work and services. Once both parties have agreed to the work effort in an executed Consultant Agreement, a change in the amount of lump sum can only be made if the SOW changes materially, or the exclusion identified in the contract as a task that would warrant a supplement.
Lump Sum Method. The Lump-Sum Method shall represent distribution * on all Properties for Class A Preferred Members or on a particular Property * for each Preferred Class of the additional Preferred Class Members equal to * sixty (60%) percent of the Liquidity Proceeds.
Lump Sum Method a. Maximum Project Amount:
Lump Sum Method. As consideration for providing the services enumerated in Article I, the City of Fernandina Beach shall pay the CONSULTANT fees as defined in the purchase or task order. The CONSULTANT's fees shall be paid in a Lump Sum Amount, which includes all of the CONSULTANT’s Direct Salary, Overhead Costs, Direct Expenses, Sub-contractors, and Profit. The Lump Sum Amount shall not exceed ($ ), the basis of which is detailed in Exhibit “A” and Exhibit “B,” attached hereto and incorporated as if fully set forth herein.
Lump Sum Method
