Common use of Time and Materials Basis Clause in Contracts

Time and Materials Basis. The fees for Professional Services performed on a time and materials basis shall be stated in Exhibit A of the Agreement or, if not specified in Exhibit A of the Agreement, then pricing shall be set forth in the applicable Ordering Document or Statement of Work. Unless otherwise expressly stated in a Statement of Work, rates are fixed for the term of such Statement of Work.

Appears in 2 contracts

Sources: Purchasing Agreement, Purchasing Agreement