{"id":6280,"date":"2022-10-31T10:35:38","date_gmt":"2022-10-31T10:35:38","guid":{"rendered":"https:\/\/konstruktion.vamtam.com\/?page_id=6280"},"modified":"2022-10-31T10:35:38","modified_gmt":"2022-10-31T10:35:38","slug":"lump-sum-contracting","status":"publish","type":"page","link":"https:\/\/tentcohouston.com\/services\/lump-sum-contracting\/","title":{"rendered":"Lump-Sum Contracting"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6280\" class=\"elementor elementor-6280\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4a9e269 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a9e269\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ee4f0f7\" data-id=\"ee4f0f7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b06347 elementor-position-right elementor-widget__width-auto elementor-mobile-position-right elementor-widget-mobile__width-auto elementor-vertical-align-middle elementor-view-default elementor-invisible elementor-widget elementor-widget-icon-box\" data-id=\"9b06347\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInUp&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/tentcohouston.com\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-box.min.css\">\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"vamtamtheme- vamtam-theme-line-titles\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tServices\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-56affc0\" data-id=\"56affc0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0cb7df2 elementor-widget elementor-widget-text-editor\" data-id=\"0cb7df2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\tThe correct calculation of contract rates of the dredging project is crucial whether calculated as a unit cost or a lump sum price. A lump sum contract or \u201cfixed fee contract\u201d is a traditional means of procurement in which a single \u201clump sum\u201d price for all of the works is agreed upon before the works starts.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6d1dc3e elementor-section-full_width elementor-section-height-min-height elementor-section-stretched elementor-section-height-default elementor-section-items-middle\" data-id=\"6d1dc3e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66d8b5d\" data-id=\"66d8b5d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df71661 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"df71661\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-018571c\" data-id=\"018571c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-94222a9 elementor-widget elementor-widget-heading\" data-id=\"94222a9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Advantages for project owners<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc2045c elementor-widget elementor-widget-text-editor\" data-id=\"bc2045c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The predictability of lump sum contracts is the primary benefit to project owners. The owner can expect the project to be completed within budget and often more quickly so that the contractor can maximize resources and save on labor costs. Lump sum contracts also render little financial risk for owners as the contractor is responsible for any cost overruns. These factors make it easier for project owners to obtain financing since lenders prefer to fund defined projects with clearly delineated costs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bd94b25\" data-id=\"bd94b25\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-00cd0d8 elementor-widget elementor-widget-image\" data-id=\"00cd0d8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"963\" height=\"1024\" src=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/pexels-anamul-rezwan-1216589-963x1024.jpg\" class=\"attachment-large size-large wp-image-6292\" alt=\"\" srcset=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/pexels-anamul-rezwan-1216589-963x1024.jpg 963w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/pexels-anamul-rezwan-1216589-282x300.jpg 282w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/pexels-anamul-rezwan-1216589-768x817.jpg 768w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/pexels-anamul-rezwan-1216589.jpg 1226w\" sizes=\"(max-width: 963px) 100vw, 963px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49c1a62 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49c1a62\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3aca8b3\" data-id=\"3aca8b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-189bc34 elementor-widget elementor-widget-heading\" data-id=\"189bc34\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">However, lump sum contracts have specific criteria that can be both a benefit and a hindrance to a construction project.<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-97e8000\" data-id=\"97e8000\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a57dced elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a57dced\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c3cc1b\" data-id=\"3c3cc1b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"vamtam-has-theme-widget-styles 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class=\"elementor-post__text\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"vamtam-has-theme-widget-styles elementor-element elementor-element-f673ed8 elementor-grid-1 elementor-posts--thumbnail-none elementor-posts--align-left elementor-widget__width-auto elementor-grid-mobile-1 vamtam-has-title-underline-anim vamtam-has-read-more-theme-style elementor-widget elementor-widget-posts\" data-id=\"f673ed8\" data-element_type=\"widget\" data-settings=\"{&quot;vamtam_classic_columns&quot;:&quot;1&quot;,&quot;vamtam_classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;vamtam_classic_columns_mobile&quot;:&quot;1&quot;,&quot;vamtam_classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;vamtam_classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" 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>\n\t\t\t\tRestaurants\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-84abb4a elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84abb4a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2a6eb6c\" data-id=\"2a6eb6c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-164ff65 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default\" data-id=\"164ff65\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;motion_fx_scale_effect&quot;:&quot;yes&quot;,&quot;motion_fx_scale_direction&quot;:&quot;in-out&quot;,&quot;motion_fx_scale_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-2,&quot;sizes&quot;:[]},&quot;motion_fx_scale_range&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:29}},&quot;motion_fx_devices&quot;:[&quot;desktop&quot;],&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-cf5205a\" data-id=\"cf5205a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d7c83bd\" data-id=\"d7c83bd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b554d5 elementor-widget elementor-widget-spacer\" data-id=\"7b554d5\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-967ec3f elementor-widget elementor-widget-heading\" data-id=\"967ec3f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Constructability and Budget Control<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-536ff96 elementor-widget elementor-widget-text-editor\" data-id=\"536ff96\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Our preconstruction experts drive best practices and lessons learned knowledge to maximize design and construction efficiencies, as well as continuous value engineering to deliver best value for lowest cost without compromising your design vision.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b68931 elementor-widget elementor-widget-spacer\" data-id=\"6b68931\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d534c6 elementor-widget elementor-widget-heading\" data-id=\"8d534c6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cost fluctuations<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-930fe12 elementor-widget elementor-widget-text-editor\" data-id=\"930fe12\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The price of labor and materials can be fluid and subject to change throughout the project. Lump sum contracts generally do not account for these fluctuations, so contractors have to absorb the cost if prices rise. However, they can also realize savings if rates go down. These risks are arguably more pronounced in extended projects.<\/p><p>Contractors must factor in possible upward fluctuations and price the project accordingly when providing the estimate.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cec3a5f elementor-widget elementor-widget-spacer\" data-id=\"cec3a5f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca0842c elementor-widget elementor-widget-heading\" data-id=\"ca0842c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Provisional sums<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6050aa elementor-widget elementor-widget-text-editor\" data-id=\"c6050aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tAlthough lump sum contracts are pretty iron-clad as far as scope and cost, provisional or stipulated sums refer to the price of optional project work. The provisional sum is included as a separate estimate within the contract and only changes if the owner decides it\u2019s a good idea to move forward with the elective work.\n\nThe work associated with stipulated sums can cause issues with the project schedule, primarily if implemented later in the project. It can also lead to modifications that require formal change orders. That\u2019s why it\u2019s essential that the terms of a lump sum detail how to handle provisional sums and the limits of any related changes.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"vamtam-has-theme-widget-styles elementor-element elementor-element-733c89a vamtam-has-underline-anim elementor-widget elementor-widget-button\" data-id=\"733c89a\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/tentcohouston.com\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-159e3d3 elementor-widget elementor-widget-spacer\" 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elementor-widget elementor-widget-heading\" data-id=\"c3428b1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Explore Similar <br>\nProjects<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"vamtam-has-theme-widget-styles elementor-element elementor-element-0aaa609 vamtam-has-hr-layout vamtam-nav-pos-custom elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top vamtam-has-nav vamtam-has-title-underline-anim vamtam-has-read-more-theme-style elementor-widget elementor-widget-global elementor-global-9727 elementor-widget-posts\" data-id=\"0aaa609\" data-element_type=\"widget\" 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class=\"vamtam-read-more-icon\" href=\"https:\/\/tentcohouston.com\/one-thousand-museum\/\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"vamtamtheme- vamtam-theme-plus\"><\/i>\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/tentcohouston.com\/one-thousand-museum\/\" aria-label=\"Read more about Weddings\" tabindex=\"-1\" >\n\t\t\tView Project\t\t<\/a>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t\t\t<div class=\"vamtam-post__categories\">\n\t\t\t\t<a href=\"https:\/\/tentcohouston.com\/category\/projects\/\" rel=\"category tag\">Projects<\/a>\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/tentcohouston.com\/one-thousand-museum\/\" >\n\t\t\t\tWeddings\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5384 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-public-buildings\">\n\t\t\t\t\t\t<div class=\"vamtam-post-thumb-wrap\">\n\t\t\t\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/tentcohouston.com\/station-home\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1012\" height=\"758\" src=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2023\/03\/manu7.jpeg\" class=\"attachment-large size-large wp-image-12662\" alt=\"\" srcset=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2023\/03\/manu7.jpeg 1012w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2023\/03\/manu7-300x225.jpeg 300w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2023\/03\/manu7-768x575.jpeg 768w\" sizes=\"(max-width: 1012px) 100vw, 1012px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t\t\t\t<div class=\"vamtam-read-more-wrap\">\n\t\t\t\t\t\t<a class=\"vamtam-read-more-icon\" href=\"https:\/\/tentcohouston.com\/station-home\/\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"vamtamtheme- vamtam-theme-plus\"><\/i>\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/tentcohouston.com\/station-home\/\" aria-label=\"Read more about Restaurants\" tabindex=\"-1\" >\n\t\t\tView Project\t\t<\/a>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t\t\t<div class=\"vamtam-post__categories\">\n\t\t\t\t<a href=\"https:\/\/tentcohouston.com\/category\/projects\/\" rel=\"category tag\">Projects<\/a>\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/tentcohouston.com\/station-home\/\" >\n\t\t\t\tRestaurants\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5489 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-hospitality\">\n\t\t\t\t\t\t<div class=\"vamtam-post-thumb-wrap\">\n\t\t\t\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/tentcohouston.com\/railcar-factory\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-1024x682.jpeg\" class=\"attachment-large size-large wp-image-12695\" alt=\"\" srcset=\"https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-1024x682.jpeg 1024w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-300x200.jpeg 300w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-768x512.jpeg 768w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-1536x1023.jpeg 1536w, https:\/\/tentcohouston.com\/wp-content\/uploads\/2022\/10\/DJI_0541-HDR-2048x1364.jpeg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t\t\t\t<div class=\"vamtam-read-more-wrap\">\n\t\t\t\t\t\t<a class=\"vamtam-read-more-icon\" href=\"https:\/\/tentcohouston.com\/railcar-factory\/\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"vamtamtheme- vamtam-theme-plus\"><\/i>\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/tentcohouston.com\/railcar-factory\/\" aria-label=\"Read more about Events\" tabindex=\"-1\" >\n\t\t\tView Project\t\t<\/a>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t\t\t<div class=\"vamtam-post__categories\">\n\t\t\t\t<a href=\"https:\/\/tentcohouston.com\/category\/projects\/\" rel=\"category tag\">Projects<\/a>\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/tentcohouston.com\/railcar-factory\/\" >\n\t\t\t\tEvents\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Services The correct calculation of contract rates of the dredging project is crucial whether calculated as a unit cost or a lump sum price. A<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":6872,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lump-Sum Contracting - The Tent Co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tentcohouston.com\/services\/lump-sum-contracting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lump-Sum Contracting - The Tent Co\" \/>\n<meta property=\"og:description\" content=\"Services The correct calculation of contract rates of the dredging project is crucial whether calculated as a unit cost or a lump sum price. 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