diff --git a/app/models/contract.rb b/app/models/contract.rb
index 0e65756..2db8ae4 100644
--- a/app/models/contract.rb
+++ b/app/models/contract.rb
@@ -36,8 +36,8 @@ class Contract < ActiveRecord::Base
   named_scope :by_name, {:order => "#{Contract.table_name}.name ASC"}
   
   [:status, :contract_type,
-   :fixed_spent, :fixed_budget,
-   :markup_spent, :markup_budget,
+   :fixed_spent,
+   :fixed_markup_spent,
    :discount_spent, :discount_budget
   ].each do |mthd|
     define_method(mthd) { "TODO in later release" }
@@ -96,6 +96,16 @@ class Contract < ActiveRecord::Base
   end
   alias_method :profit_spent, :profit_left
 
+  # OPTIMIZE: N+1
+  def fixed_budget
+    deliverables.inject(0) {|total, deliverable| total += deliverable.fixed_budget_total }
+  end
+  
+  # OPTIMIZE: N+1
+  def fixed_markup_budget
+    deliverables.inject(0) {|total, deliverable| total += deliverable.fixed_markup_budget_total }
+  end
+  
   def after_initialize
     self.executed = false unless self.executed.present?
   end
diff --git a/app/models/deliverable.rb b/app/models/deliverable.rb
index 9f2f677..d9f356e 100644
--- a/app/models/deliverable.rb
+++ b/app/models/deliverable.rb
@@ -88,6 +88,15 @@ class Deliverable < ActiveRecord::Base
     issues.inject(0) {|total, issue| total += issue.spent_hours }
   end
 
+  def fixed_budget_total(date=nil)
+    fixed_budgets.sum(:budget)
+  end
+
+  # OPTIMIZE: N+1
+  def fixed_markup_budget_total(date=nil)
+    fixed_budgets.inject(0) {|total, fixed_budget| total += fixed_budget.markup_value }
+  end
+  
   def filter_by_date(date=nil, &block)
     block.call
   end
diff --git a/app/views/contracts/show.html.erb b/app/views/contracts/show.html.erb
index 55a4254..bc54681 100644
--- a/app/views/contracts/show.html.erb
+++ b/app/views/contracts/show.html.erb
@@ -44,7 +44,7 @@
         <%= show_budget_field(resource, :labor_spent, :labor_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-labor'}, :label_html_options => {:width => '46%'}) %>
         <%= show_budget_field(resource, :overhead_spent, :overhead_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-overhead'}) %>
         <%= show_budget_field(resource, :fixed_spent, :fixed_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-fixed'}) %>
-        <%= show_budget_field(resource, :markup_spent, :markup_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-markup'}) %>
+        <%= show_budget_field(resource, :fixed_markup_spent, :fixed_markup_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-markup'}) %>
         <%= show_budget_field(resource, :profit_spent, :profit_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-profit'}) %>
         <%= show_budget_field(resource, :discount_spent, :discount_budget, :format => :format_value_field_for_contracts, :html_options => {:class => 'contract-discount'}) %>
 
diff --git a/config/locales/en.yml b/config/locales/en.yml
index 64c8cad..5dd440e 100644
--- a/config/locales/en.yml
+++ b/config/locales/en.yml
@@ -40,8 +40,8 @@ en:
   field_fixed_spent: "Fixed"
   field_labor_budget: "Labor"
   field_labor_spent: "Labor"
-  field_markup_budget: "Markup"
-  field_markup_spent: "Markup"
+  field_fixed_markup_budget: "Markup"
+  field_fixed_markup_spent: "Markup"
   field_overhead_budget: "Overhead"
   field_overhead_spent: "Overhead"
   field_profit_budget: "Profit"
diff --git a/test/unit/contract_test.rb b/test/unit/contract_test.rb
index db441b2..b993620 100644
--- a/test/unit/contract_test.rb
+++ b/test/unit/contract_test.rb
@@ -254,4 +254,38 @@ class ContractTest < ActiveSupport::TestCase
     end
 
   end
+
+  context "#fixed_budget" do
+    should "sum all fixed budget amounts on the Deliverables" do
+      contract = Contract.generate!
+      contract.deliverables << @deliverable_1 = FixedDeliverable.generate!
+      FixedBudget.generate!(:deliverable => @deliverable_1, :budget => '$1,000')
+      contract.deliverables << @deliverable_2 = HourlyDeliverable.generate!
+      FixedBudget.generate!(:deliverable => @deliverable_2, :budget => '$2,000')
+
+      assert_equal 3000, contract.fixed_budget
+    end
+  end
+
+  context "#fixed_spent" do
+    should "QUESTION: how to compute the amount spent"
+  end
+
+  context "#fixed_markup_budget" do
+    should "sum all fixed budget markup values on the Deliverables" do
+      contract = Contract.generate!
+      contract.deliverables << @deliverable_1 = FixedDeliverable.generate!
+      FixedBudget.generate!(:deliverable => @deliverable_1, :budget => '$1,000', :markup => '$100')
+      contract.deliverables << @deliverable_2 = HourlyDeliverable.generate!
+      FixedBudget.generate!(:deliverable => @deliverable_2, :budget => '$2,000', :markup => '200%')
+
+      assert_equal (100) + (2.00 * 2000), contract.fixed_markup_budget
+    end
+    
+  end
+
+  context "#fixed_markup_spent" do
+    should "QUESTION: how to compute the amount spent"
+  end
+
 end