Professional and consulting services billing
Catalog row in Vendor License Programs · Cited
- Kind
- Services
- Term
- Per SOW
- Aliases
- Services billing terms
- Definition
- Billing terms for professional and consulting services: time and material, managed and retained services, and fixed price engagements.
- Commercial rules
- T&M billed monthly on hours entered. Fixed price engagements of 80 hours or fewer are billed 50% at the Effective Date and 50% 90 days later; larger engagements are billed in milestones. Pricing is conditional on starting within 60 days for engagements under 2,000 hours.
- Applies to
- Blackbaud professional and consulting services
- Related metrics