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COMMITMENTS, CONTINGENCIES, AND GUARANTEES | 12 Months Ended
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Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS, CONTINGENCIES, AND GUARANTEES | COMMITMENTS, CONTINGENCIES, AND GUARANTEES Legal Proceedings Medpace periodically becomes involved in various claims and lawsuits that are incidental to its business. Management believes, after consultation with counsel, that no matters currently pending would, in the event of an adverse outcome, have a material impact on the Company’s consolidated balance sheets, statements of operations, or cash flows for the years ended December 31, 2023, 2022 and 2021. Purchase Commitments The Company has several minimum purchase commitments for project related supplies totaling $17.2 million as of December 31, 2023. In return for the commitment, Medpace receives preferential pricing. The commitments expire at various times through 2029.

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