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Agenda - Council - 02/19/2009 - Special
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Agenda - Council - 02/19/2009 - Special
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3/18/2025 3:53:42 PM
Creation date
2/18/2009 8:22:20 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Title
Special
Document Date
02/19/2009
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<br />_HORNERI <br /> <br />G~n~ral Billina/Buda~t Information <br />Himle Horner is flexible in structuring compensation agreements that meetthe needs of our clients. We consciously work to <br />provide high quality services that meet or exceed client expectations. Our compensation agreements generally are structured <br />in one of the following ways: <br />· Straight hourly fee basis <br />· Hourly billing against a monthly fee cap (fee cap cannot be. exceeded without the authorization of the client) <br />· Project budget <br />· Annual budget <br />· Retainer arrangement that approximates a defined level of services against a fixed monthly fee <br /> <br />Current Himle Horner hourly rates are: <br />o Principals/Senior Counselor <br />o Directors <br />o Senior Counselor <br />o Account Supervisors <br />D Senior Account Executives. <br />o Account Executives <br />D Assistant Account Executives <br />o Support Staff <br /> <br />$295Jhour <br />$225-250/hour <br />$225-295/hour <br />$175-200/hour <br />$135-160/hour <br />$100-135/hour <br />$75-1 DO/hour <br />$55/hour <br /> <br />Himle Horner invoices are detailed to show which of Himle Horner's staff members performed the services, the number of <br />hours incurred by each staff member and a description of the services provided. Expenses are billed in addition to <br />professional fees and separately itemized on the client invoice. <br /> <br />Client services are billed for work in progress on a monthly basis. Payment is due within 30 days of the invoice date. Overdue <br />invoices Incur a service charge of 1.5% per month (18% annual). The client agrees to reimburse Himle Horner for all <br />expenses, including reasonable attorney fees, incurred in the collection of any overdue and unpaid balance. <br /> <br />On behalf of the client, HitTIle Horner can manage any vendor's services, handle billing arrangements and provide for timely <br />payment to the vendor. Himle Horner will add a mark-up of fifteen percent (15%) to the vendor's invoice when Himle Horner <br />bills the client for such vendor's services. Himle Horner is not reselling the vendor's services and the vendor's invoice will <br />include sales tax as appropriate. When Himle Horner and the client mutually agree, the client may contract with and pay bills <br />directly to such vendor, foregoing Himle Horner's mark-up. <br /> <br />Page 7 of 11 <br />
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