Separate Sum Contract Grátis

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It has been exceptional EXCEPT it was a little underhanded the way you tell the user how much it will really cost. NOT Free as advertised. I am okay with it but thought it should be state up front.
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2020-05-22

Separate Sum Contract Feature

The Separate Sum Contract feature offers a streamlined approach for managing financial agreements. This tool is crafted to make your financial transactions clearer and easier to handle, ensuring you have control over your contracts every step of the way.

Key Features

Clearly defined payment structures for better budgeting
Flexible options for separating amounts across multiple contracts
User-friendly interface for easy management and oversight
Real-time updates on contract status and payment schedules
Robust reporting tools for tracking financial commitments

Potential Use Cases and Benefits

Ideal for businesses that manage numerous contracts and need clarity in payment timelines
Useful for freelancers who bill clients in stages or milestones
Helps project managers in tracking budgets effectively across different phases
Facilitates better financial planning by segregating different payments
Enhances transparency in transactions, reducing misunderstandings

By using the Separate Sum Contract feature, you can simplify your financial agreements. It allows you to break down payments into manageable parts, making it easier for you to oversee your budget. This feature tackles common issues such as confusion over payment schedules and the complexities of multiple contracts. With this tool, you gain certainty, control, and peace of mind in your financial dealings.

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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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