Pricing options
Description
T&M
Hourly billing for all hours worked and expenses billed at actual cost incurred
Daily/Weekly/Monthly
Fixed fee rate for each day, week or month for each consultant; usually built on a 10 hour day
T&M NTE
Hourly billing for all work completed with a pre-determined cap on total fees
Milestone based
Fixed price for specific milestones and deliverables throughout the project
Fixed fee
Fixed price for pre-determined project scope
Retainer + Milestone
Combination model where we cover out cost through an hourly or fixed retainer with balloon payments when milestones are achieved
Contingency/Gain-sharing
We created value (savings) through our services using current client costs as the baseline; we are paid on the delta between the ‘before’ and ‘after’ costs
Success fee
Fixed price or cost plus fixed fee deliverables with success fees built in if our team meets pre-established milestones or thresholds