Time and Materials Contracts: The Definitive Guide [w/ Template]
Teamweek
SEPTEMBER 7, 2023
To get a clearer picture of how T&M pricing works, here’s a quick example: A client hires a web development agency to help create a new website. The graphic designer and developers take 80 hours to complete the project. What is an example of time and materials pricing? The fixed hourly rate for their services is $50.
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