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Billing Arrangements

Types of Billing

Cost Reimbursable Hourly Rate: This type of pricing is good for complex projects with a specific objective but uncertainty as to the time required to complete tasks. It is also useful for situations when tasks are not yet defined but are anticipated. Payments would be based on hours worked and out of pocket costs incurred.

Fixed Fee/Project-Based: For a specific project with a well-defined scope of work, I would propose a fixed fee or project-based price. This involves agreeing upon a set amount and an estimated amount of time it will take to complete the project. An hourly rate will be charged for extra work that is beyond the scope of the agreed-upon project. You will be notified in advance if this type of billing is expected. Periodic payments based on stages of a project, agreed upon in advance, would be expected.

The total cost of projects depends on factors such as project complexity, project objectives, and out-of-pocket costs.