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easy to use convenient. Except unable to load it on my Surface pro 3. Help with this would be great. I have to access through the intranet only. No app
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Use Sum Contract Feature for Efficient Calculations

The Use Sum Contract feature simplifies your calculation process, allowing you to aggregate contract values with ease. This tool is ideal for professionals who need a quick and reliable way to manage financial data.

Key Features

Easily aggregate contract values across multiple entries
User-friendly interface for smooth navigation
Real-time calculations to ensure accuracy
Compatibility with various data formats
Customizable settings to fit your workflow

Potential Use Cases and Benefits

Accounting firms can streamline reports by summing contract amounts efficiently
Project managers can track budget allocations across projects seamlessly
Sales teams can analyze contract values quickly to make informed decisions
Financial analysts can enhance forecasting accuracy with summed contract data
Businesses can improve overall efficiency by reducing manual calculations

This feature solves your calculations problem by providing an automated solution. By reducing the time and effort needed to sum contract values, you can focus on other important tasks. Embrace the ease and efficiency of the Use Sum Contract feature, and transform your data management today.

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A lump sum contract (or stipulated sum contract) is the traditional means of procuring construction, and still the most common form of construction contract. Under a lump sum contract, a single 'lump sum' price for all the works is agreed before the works begin.
When to Use This Type of Contract A lump-sum contract is a great contract agreement to be used if the requested work is well-defined and construction drawings are completed. The lump-sum agreement will reduce owner risk, and the contractor has greater control over profit expectations.
Lump sum (or stipulated sum) contracts are sometimes referred to as 'fixed price' or 'firm price' contracts, although strictly this is not correct. On a lump sum contract, a single 'lump sum' price is agreed before the works begin.
Lump Sum or Fixed Price Contract Type This type of contract involves a total fixed priced for all construction-related activities. Lump sum contracts can include incentives or benefits for early termination, or can also have penalties, called liquidated damages, for a late termination.
8. Lump Sum Contract(Advantages) Low risk on the owner, Higher risk to the contractor Cost known at outset Contractor will assign the best personnel Contractor selection is easy. 9. Lump Sum Contract(Disadvantages) Changes is difficult and costly.
With a lump sum contract, all the risk is placed on your contractor. Cost plus, you take on all the risk. Everything is billable, and the contractor has no risk for this. In return, you might be charged a lower markup.
Lump sum (or stipulated sum) contracts are sometimes referred to as 'fixed price' or 'firm price' contracts, although strictly this is not correct. On a lump sum contract, a single 'lump sum' price is agreed before the works begin.
A Lump Sum contract price will always be lower than the Guaranteed Maximum Price in a GMP/Cost-Plus contract because the GMP/cost-Plus contract will include a construction contingency (typically 5% plus or minus that is not included in a Lump Sum contract amount.

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