Lump Sum Contract

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LSC
Pronunciation
/ləmp səm ˈkɑnˌtrækt/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. Based on legal theorems and principles, this article is to study the dispute over the lump sum contract generally adopted by the agency in charge and the contractor.
  2. An Analysis of General Key Clauses of Terms and Conditions of a Lump Sum Contract(LSC) for a Project
  3. Making rational technical optimization on Metro works based on lump sum contract has become one of the most important means for construction enterprises to make more profits.
  4. Characteristics, Risks and Counter-risk Measures of Fixed Lump Sum Contract(LSC)
  5. Many disputes have arisen due to wide fluctuations of the prices of steels, cements and gravels, etc. during performance of fixed lump sum contract.

Other meanings of LSC