What is an example of a lump sum?

A typical example of a lump-sum payment is receiving a severance package from an employer when leaving a job. Instead of receiving your salary and benefits over time, you would be paid your entire entitlement as a lump-sum payment.

What is the difference between a lump sum contract and an EPC contract?

Lump Sum (LS): Contractor builds the project for a fixed price, with limited design responsibility. 2. EPC: Contractor handles engineering, procurement, construction, and commissioning, assuming full responsibility for design, execution, and project delivery. Payment Structure 1.

What type of projects are lump sum contracts best for?

Construction projects are complex, involving numerous moving parts such as people, resources, and timelines. Lump sum contracts work best when all these elements are clearly defined and at rest. This is crucial because both parties want to avoid unexpected costs or surprises.

What are the risks of a lump sum contract?

Inaccurate or incomplete cost estimates can spell disaster for contractors on lump sum contracts. Any errors or omissions can eat into the expected profit margin.

What is the difference between lump sum and T&M?

The big difference between lump sum vs time and materials contract is transparency. Lump sum has limited visibility into the breakdown of costs since the price is fixed upfront. Clients can't get detailed invoices for labor hours and material costs.

What contract is used for design and build?

The JCT Design and Build Contract is designed for construction projects where the contractor carries out both the design and the construction work. Design and build projects can vary in scale, but the Design and Build Contract is generally suitable where detailed provisions are needed.

What is a lump sum contract?

A lump sum contract is an agreement that sets a predetermined cost for construction work. In other words, the contractor performing the work agrees to complete the project for a fixed amount — no more or less.

Electronic Signature
Features
Contract Templates
eSign Lump Sum Contract Template

Instantly eSign Lump Sum Contract Template Online

airSlate SignNow offers a fast and cost-effective way to eSign lump sum contract template from any place. Accelerate paperwork approval processes and finalize deals in minutes instead of days with our intuitive and cost-effective solution.

Sign documents online

Learn more

Collect payments & signatures

Learn more

Add wet ink signature online

Learn more

Sign documents on iPhone or iPad

Learn more

Award-winning eSignature solution

Move your business forward with the airSlate SignNow eSignature solution

Create your signature in seconds on any desktop computer or mobile device, even while offline. Type, draw, or upload an image of your signature.

Deliver a seamless eSignature experience from any website, CRM, or custom app — anywhere and anytime.

Organize multiple documents in groups and automatically route them for recipients in a role-based order.

Collect signatures faster by sharing your documents with multiple recipients via a link — no need to add recipient email addresses.

Create unlimited templates of your most-used documents. Make your templates easy to complete by adding customizable fillable fields.

Create teams within airSlate SignNow to securely collaborate on documents and templates. Send the approved version to every signer.

See airSlate SignNow eSignatures in action

Create secure and intuitive eSignature workflows on any device, track the status of documents right in your account, build online fillable forms – all within a single solution.

Try airSlate SignNow with a sample document

Complete a sample document online. Experience airSlate SignNow's intuitive interface and easy-to-use tools
in action. Open a sample document to add a signature, date, text, upload attachments, and test other useful functionality.

sample

Checkboxes and radio buttons

Try a sample document

sample

Request an attachment

Try a sample document

sample

Set up data validation

Try a sample document

airSlate SignNow solutions for better efficiency

Keep contracts protected

Enhance your document security and keep contracts safe from unauthorized access with dual-factor authentication options. Ask your recipients to prove their identity before opening a contract to esign lump sum contract template.

Stay mobile while eSigning

Install the airSlate SignNow app on your iOS or Android device and close deals from anywhere, 24/7. Work with forms and contracts even offline and esign lump sum contract template later when your internet connection is restored.

Integrate eSignatures into your business apps

Incorporate airSlate SignNow into your business applications to quickly esign lump sum contract template without switching between windows and tabs. Benefit from airSlate SignNow integrations to save time and effort while eSigning forms in just a few clicks.

Generate fillable forms with smart fields

Update any document with fillable fields, make them required or optional, or add conditions for them to appear. Make sure signers complete your form correctly by assigning roles to fields.

Close deals and get paid promptly

Collect documents from clients and partners in minutes instead of weeks. Ask your signers to esign lump sum contract template and include a charge request field to your sample to automatically collect payments during the contract signing.

Collect signatures

24x

faster

Reduce costs by

$30

per document

Save up to

40h

per employee / month

Our user reviews speak for themselves

Kodi-Marie Evans

Director of NetSuite Operations at Xerox

airSlate SignNow provides us with the flexibility needed to get the right signatures on the right documents, in the right formats, based on our integration with NetSuite.

Check 5000+ reviews

Samantha Jo

Enterprise Client Partner at Yelp

airSlate SignNow has made life easier for me. It has been huge to have the ability to sign contracts on-the-go! It is now less stressful to get things done efficiently and promptly.

Check 5000+ reviews

Megan Bond

Digital marketing management at Electrolux

This software has added to our business value. I have got rid of the repetitive tasks. I am capable of creating the mobile native web forms. Now I can easily make payment contracts through a fair channel and their management is very easy.

Check 5000+ reviews

be ready to get more

Why choose airSlate SignNow

Free 7-day trial. Choose the plan you need and try it risk-free.
Honest pricing for full-featured plans. airSlate SignNow offers subscription plans with no overages or hidden fees at renewal.
Enterprise-grade security. airSlate SignNow helps you comply with global security standards.

Start free trial

How to electronically sign lump sum agreement template and quickly finalize the transaction.

Concluding agreements promptly and securely is crucial for organizations of every size, impacting revenue and expediting operations. Digital signing provides a smooth method to enhance workflows while protecting sensitive documents. If you need to electronically sign a lump sum agreement template, choose airSlate SignNow. This user-friendly, cost-effective platform adheres to all industry regulations, ensuring the highest level of security and legality for electronic signatures so you can authorize your documents effortlessly and without procrastination.

Follow these steps to prepare and electronically sign a lump sum agreement template using airSlate SignNow:

Log into your account. If you’re a first-time user, create an account and explore the platform during the 7-day complimentary trial.
Click +Create and upload a form from your device, cloud storage, secure link, or our Form Library.
Insert fillable fields for each party to enter relevant agreement information and assign them to the appropriate participants.
Click My Signature -> Add New Signature and validate the document from your side with a typed or drawn legally binding signature.
Add Date and Time, Initials, and Signature fields for other parties to authorize your documents.
Click Continue to dispatch secure eSigning invitations and initiate payment requests from your recipients upon document completion.

airSlate SignNow makes the signing process easier, providing efficiency and oversight over your documents. Explore the advantages of seamless, scalable electronic contract management with no hidden fees. Begin your free trial today and equip your business with advanced eSignature solutions!

How it works

Upload a document

Edit & sign it from anywhere

Save your changes and share

airSlate SignNow features that users love

Speed up your paper-based processes with an easy-to-use eSignature solution.

Edit PDFs
online

Generate templates of your most used documents for signing and completion.

Learn more

Create a signing link

Share a document via a link without the need to add recipient emails.

Learn more

Assign roles to signers

Organize complex signing workflows by adding multiple signers and assigning roles.

Learn more

Create a document template

Create teams to collaborate on documents and templates in real time.

Learn more

Add Signature fields

Get accurate signatures exactly where you need them using signature fields.

Learn more

Archive documents in bulk

Save time by archiving multiple documents at once.

Learn more

Connect airSlate SignNow to your apps

Check out airSlate SignNow integrations

Data accuracy, security, and compliance

airSlate SignNow is committed to protecting your sensitive information by complying with global industry-specific

Learn more about security

be ready to get more

Get legally-binding signatures now!

Start your free trial

FAQs

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

What active users are saying — esign lump sum contract template

Get access to airSlate SignNow’s reviews, our customers’ advice, and their stories. Hear from real users and what they say about features for generating and signing docs.

airSlate SignNow

5

Jennifer

My overall experience with this software has been a tremendous help with important documents and even simple task so that I don't have leave the house and waste time and gas to have to go sign the documents in person. I think it is a great software and very convenient.

airSlate SignNow has been a awesome software for electric signatures. This has been a useful tool and has been great and definitely helps time management for important documents. I've used this software for important documents for my college courses for billing documents and even to sign for credit cards or other simple task such as documents for my daughters schooling.

Read full review

Easy to use

5

Anonymous

Overall, I would say my experience with airSlate SignNow has been positive and I will continue to use this software.

What I like most about airSlate SignNow is how easy it is to use to sign documents. I do not have to print my documents, sign them, and then rescan them in.

Read full review

Easiest thing everrr

5

Anonymous

I use it once a month to sign my loan agreements and it makes things so much better easier.

This software makes it super easy to sign agreements, documents, or confidential papers over email due to the social distancing.

Read full review