Agenda - Council - 02/24/2009 - Laserfiche WebLink

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HORNER General Billing/Budget Information Himle Horner is flexible in structuring compensation agreements that meet the needs of our clients. We consciously work to provide high quality services that meet or exceed client expectations. Our compensation agreements generally are structured in one of the following ways: ^ Straight hourly fee basis ^ Hourly billing against a monthly fee cap (fee cap cannot be exceeded without the authorization of the client) ^ Project budget ^ Annual budget ^ Retainer arrangement that approximates a defined level of services against a fixed monthly fee Current Himle Horner hourly rates are: ^ Principals/Senior Counselor $295/hour ^ Directors $225-250/hour ^ Senior Counselor $225-295/hour ^ Account Supervisors $175-200/hour ^ Senior Account Executives $135-160/hour ^ Account Executives $100-135/hour ^ Assistant Account Executives $75-100/hour ^ Support Staff $55/hour Himle Horner invoices are detailed to show which of Himle Horner's staff members performed the services, the number of hours incurred by each staff member and a description of the services provided. Expenses are billed in addition to professional fees and separately itemized on the client invoice. Client services are billed for work in progress on a monthly basis. Payment is due within 30 days of the invoice date. Overdue invoices incur a service charge of 1.5% per month (18% annual). The client agrees to reimburse Himle Horner for all expenses, including reasonable attorney fees, incurred in the collection of any overdue and unpaid balance. On behalf of the client, Himle Horner can manage any vendor's services, handle billing arrangements and provide for timely payment to the vendor. Himle Horner will add amark-up of fifteen percent (15%) to the vendor's invoice when Himle Horner bills the client for such vendor's services. Himle Horner is not reselling the vendor's services and the vendor's invoice will include sales tax as appropriate. When Himle Horner and the client mutually agree, the client may contract with and pay bills directly to such vendor, foregoing Himle Hornet's mark-up. Page 7 of 11