Transparent Lump Sum
Transparent Lump Sum brings real-time visibility, accountability, and control to fixed-price contractor work—unifying Lump Sum and Time and Material contracts in one system.
Lump Sum Promises Simplicity—But Often Hides Risk
Lump Sum contracts are supposed to make life easier. One price, one scope—no surprises.
But in reality, Lump Sum often means losing visibility. Work is completed behind the scenes. Payments are based on assumptions. Change orders go unchallenged. And field teams are left with no way to see what’s really happening until it’s too late.
Transparent Lump Sum changes that.
Built into myTrack, it brings real-time progress tracking, cost control, and milestone validation to fixed-price work—without changing your contracting model.
Why Track Lump Sum?
Even when the price is fixed, the risks aren’t.
Transform the Way You Manage Lump Sum Projects
Transparent Lump Sum exposes what traditional tracking methods can't—giving you the visibility to monitor performance, validate spend, and protect your budget.
Key Capabilities
Eliminate Double Billing and Hidden Costs
Allocate every labor hour to a single job. Identify excessive risk premiums and hidden overhead, and eliminate duplicate charges across T&M and Lump Sum scopes.
Real-Time Transparency & Tracking
Monitor labor and equipment hours, earned progress, material usage, and scope changes in real time.
Validate Milestones and Change Orders
Ensure payments and scope changes are backed by real progress data. Attach documentation and separate change orders from original estimates for better control.
Compare Lump Sum and T&M Performance
Analyze actuals, schedule, and vendor performance across contract types to inform smarter commercial strategies.
Strengthen Safety and Compliance Oversight
Gain real-time visibility into manpower to manage fatigue, improve safety oversight, and OSHA reporting.
Read what satisfied customers have to say...
“We found risk premiums of 100% or more built into our Lump Sum jobs. Transparent Lump Sum revealed just how much we were overpaying—and it changed the way we approach contract strategy.”
— VP of Procurement, Fortune 100 Energy Company
