Lump Sum Budgeting o A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). Lump Sum Budgets o The phrase “lump sum budget” refers to very general, non-specific approach to budgeting which leaves a great deal of discretion to the owner of the grant. Grant nearby words. A lump sum contract is the traditional means of procuring construction, and involves a single ‘lump sum’ price for all the works being agreed before the works begin. a lump sum paid at the time you leave the armed forces; and; a taxable income paid until you reach the state pension age and your preserved pension becomes payable. Bengali meaning of word Grant. A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity).. Be warned. Grant Synonyms. grantee definition: 1. a person or organization that receives a grant: 2. a person or organization that legally owns…. This type of contract is often based on firm bills of quantities and drawings. In both cases the lump sum is tax free. They come from many sources and are not checked. Found 428 sentences matching phrase "lump-sum grant".Found in 22 ms. Showing page 1. Grant meaning in other languages. Antonyms for grant include debt, debits, debts, bills, dues, liabilities, liability, indebtedness, obligation and outstandings. A lump sum is a single payment of the grant, as opposed to a series of payments made over time. The United States Department of Housing and Urban Development distinguishes between "price analysis" and "cost analysis" by whether the decision maker compares lump sum amounts, or subjects contract prices to an itemized cost breakdown.. Lump sum contract is the simplest form of contract in construction projects. Bengali translation of Grant. lump sum, Marathi translation of lump sum, Marathi meaning of lump sum, what is lump sum in Marathi dictionary, lump sum related Marathi | मराठी words The payment is exclusively based on completion of activity and a technical report of results. Find more opposite words at wordhippo.com! ALDictionary tells you the accurate Bangla definition of grant with proper example. Translation memories are created by human, but computer aligned, which might cause mistakes. A lump-sum payment is an amount paid all at once, as opposed to an amount that is divvied up and paid in installments. A lump sum grant simplifies administrative and finantial burden, that means no financial reporting, no time sheets and no financial audit are requested. The regular income payments are taxed under Pay As You Earn (PAYE). Grant meaning in Bengali. It fixes the price to be paid for undertaking out the work, before the start of the contract. Grant Bengali meaning along with definition. Grant in Bengali. You would get the perfect Bengali meaning of grant with different word phrases here in our dictionary site. Lump sum contract - pros and cons - Designing Buildings Wiki - Share your construction industry knowledge. Lump Sum Grant (LSG) Subvention System Lump Sum Grant Subvention System (LSGSS) is to enhance efficiency and effectiveness, improve quality, encourage innovation, strengthen accountability and provide flexibility, with a view to deploying resources in the most cost-effective manner to meet changing needs in the community. A lump-sum payment … English to Bengali Dictionary gives you the best and accurate Bengali meanings of Grant DIVA A lump sum price should cover all … Learn more.