Common use of Monthly Invoices Based on Fixed Fee Clause in Contracts

Monthly Invoices Based on Fixed Fee. If the AUDITOR invoices monthly for a “fixed fee,” then the AUDITOR will base its monthly invoice on the percentage of work completed during the previous month. If the AUDITOR is entitled to reimbursable expenses and/or separate payment for subconsultant costs, the invoice will include such expenses and/or costs incurred during the previous month.

Appears in 2 contracts

Sources: Audit Services Agreement, Audit Services Agreement