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'I , � <br /> I <br /> I <br /> i <br /> . <br /> . <br /> I <br /> TECHNICAL PAYROLi.COSTS TIMES A FACTOR <br /> PLUS DIRECT RE(MBURSABLE EXPENSES � <br /> i <br /> TIMES A MULTIPLIER -� (COMINUED) <br /> • � <br /> D�rn►monrs oF STANDARD TERMS avv Eyrncanrarorrr Nores—Confinued <br /> BUDGET COSTAMOUNT.' <br /> This is not a fixed proposal amount — it is a term used because a ClienYs budgeting requirements often lead to <br /> proposing an upset limit (a dollar maximum) to be uvritten into an agreement. The fee basis method Technlcal , <br /> Payroll Costs Times a Factor Plus Direct Reimbursable Expenses 7lmes a Multipller is usually chosen initially � <br /> because of possible uncertainty of scope of serves. A more reasonable approach, which serves the same <br /> purpose, is to requfre advise to the Client when cosfs are approaching 25°r6, 50%, or 75% of an agreed Budget ; <br /> Cost Amount and to forecast the probable total costs. This provision gives the Client an opportunity to examine � <br /> the progress at the 25%, 50°�and 75°Ya points and, if need be; to approve a figure larger (or smaller)than the <br /> . orig(nalBudgetCostAmount <br /> I� <br /> .. <br /> � <br /> � � <br /> ' � <br /> I j <br /> � �' <br /> � I <br /> i I <br /> � <br /> I <br /> � <br /> i 2�a�se�2ev.�oroo Page 2 of 2 i <br /> I <br />