Fee Structure
Fees for projects are calculated, at root, on the basis of the time required.
For the year 2008, our fee rate is £1,250 per consultant day. We
are pleased however to offer clients a choice of approaches. Whichever
option is selected, clients receive excellent value:
Fixed Price
- We agree with the client a price for specified outcomes based on a realistic joint assessment of the time required. This price is then fixed, regardless of the effort actually expended by us. A payment timetable is agreed.
Time Budget
- We agree with the client a time budget for the project(s) - here also with specified outcomes - against which we allocate our time. At the client's choice, we account by the hour or by the half day. We are frugal in drawing down time: clients are frequently surprised at how far such a budget can stretch. A payment timetable is agreed.
Retainer
- Similar to Time Budget except that there is agreement to a certain level of access / support within specified time periods. The payment timetable ties in with those periods.
Pay-as-you-go
- As for all the approaches, the client specifies the outcomes required: we then invoice for the time spent. At the client's choice, we account by the hour or by the half day. Payment intervals are agreed.
