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WRITTEN QUOTATION /TENDER SCHEDULE (TO BE COMPLETED IN DUPLICATE) (Columns 4, 5 and 6 to be completed by Tenderer) DETAILS OF EVENTS IN APPENDIX*** (1) (2) (3) (4) (5) (6) Item Description / Specification Quantity Unit Total Delivery No. Required Rate Amount Offered (HK) (HK) Event 1a
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Start by obtaining a lumpsum contract document template from a reliable source.
02
Fill in the details of the parties involved in the contract, including names, contact information, and addresses.
03
Specify the scope of work to be performed under the contract, including deliverables, timelines, and any specific requirements.
04
Clearly outline the payment terms, including the total lumpsum amount to be paid and the schedule of payments.
05
Include any provisions for change orders, delays, or disputes that may arise during the project.
06
Have all parties review the document carefully and make any necessary revisions before signing and executing the contract.

Who needs lumpsum contract document?

01
Contractors who are looking to provide services to clients for a fixed price.
02
Clients who want to hire contractors to complete a project within a specified budget.
03
Construction companies that are undertaking a project and want to specify the total cost upfront.
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A lumpsum contract document is a type of contract where the total price is agreed upon at the outset for the entire project, covering all aspects of the work to be completed.
Typically, contractors or subcontractors engaged in projects that require a lumpsum agreement are required to file the lumpsum contract document.
To fill out a lumpsum contract document, one must provide details such as the project scope, total contract amount, payment terms, and timelines, along with any necessary signatures.
The purpose of the lumpsum contract document is to clearly define the terms and conditions of the contract, establishing the agreed-upon price and maintaining clarity between the contracting parties.
Information to be reported includes project description, contract amount, start and end dates, payment schedule, and signatures of the parties involved.
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