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Contract Amount Definition


The Contract Amount Definition | Law Insider

Related Definitions ... The Contract Amount means the total amount for which the Contractor has tendered to execute the contract work. ... The Contract Amount means ...

What is a contract amount? - Mastt

The contract amount represents the financial compensation that the contractor will receive from the project owner for completing the specified work.

Contract Amount Definition: 3k Samples - Law Insider

Contract Amount means the total monies payable to the Contractor under the Contract Documents. The term "Contract Price" where used in the Contract Documents ...

How would you define "Total Amount" in a legal contract? - Genie AI

Total Amount means the sum of a specific financial transaction or group of transactions. Relevant Contract Types Relevant Circumstances Relevant Sectors

What Is Contract Value and How Do You Preserve It? - ContractSafe

Contract value is a metric used to measure the total worth of a legal contract. It considers all payments, fees, and any additional costs that might be ...

Total contract value (TCV): Definition, importance, how to calculate

Total contract value, sometimes called contract value, refers to the lifetime value of a contract. If calculated correctly, TCV enables businesses to determine ...

Contract Value: Everything You Need to Know - SpotDraft

Total Contract Value (TCV) refers to the monetary worth of a contractual agreement throughout its lifecycle. It represents the overall financial ...

Total Contract Value (TCV): Definition & How to Calculate

Total contract value is the total amount of revenue you'll earn over the length of a contract, including any service fees or one-time costs in addition to the ...

What is Contract Value? Definition - oboloo

Contract value is the total value of a contract over its lifespan. This can include the cost of goods or services, any associated taxes, and any other fees ...

Construction Basics for Owners: Contract Sum, Owner Financing ...

The contract sum is the amount that the owner will pay to the contractor. ... This means that the total contract sum includes $5.00 times the number of ...

LUMP SUM CONTRACT Definition & Meaning - Black's Law Dictionary

Find the legal definition of LUMP SUM CONTRACT from Black's Law Dictionary, 2nd Edition. A contract requiring no cost breakdown.

A - Accepted Contract Sum - LinkedIn

Accepted Contract Amount means the amount recorded in the Letter of Acceptance unless otherwise defined in the Contract Agreement; which amount ...

Lump sum contract - Wikipedia

A lump sum contract in construction is one type of construction contract, sometimes referred to as stipulated-sum, where a single price is quoted for an ...

Contract Price: Everything You Need to Know - UpCounsel

A contract price is a total amount that is agreed upon by two parties where the project owner or client, known as the principal, pays the ...

Contract Price Law and Legal Definition | USLegal, Inc.

Contract price is the amount to be paid under a contract of sale, a contract to render services, or a construction contract. In a contract for the ...

Part 16 - Types of Contracts | Acquisition.GOV

A firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor's cost experience in ...

What is contract value? A handy guide - Oneflow

The value of the contract is the total worth of a contract, encompassing all goods, services, and other aspects covered in the agreement.

CONTRACT VALUE definition and meaning - Collins Dictionary

A contract is a legal agreement, usually between two companies or between an employer and employee, which involves doing work for a stated sum of money. [...].

What is Total Contract Value (TCV)? - TTEC

Total Contract Value is the potential revenue associated with the contract and estimated at the commencement of the contract (e.g., sum total of revenue accrued ...

Contract costing definition - AccountingTools

Contract costing is the tracking of costs associated with a specific contract with a customer. For example, a company bids for a large construction project.