Business, 04.11.2019 23:31 kristintaylorm
Aconsulting firm would normally charge $250 an hour with an estimated time of 150 hours for an engagement. it pays its consultants about $55 per hour including benefits, which is a fixed cost as they are on salary. the client has asked the firm to bid on the engagement at an hourly rate of $150 with the balance of the payment contingent upon reaching identifiable milestones. the consulting firm would like to charge a "premium" for added risk due to non-attainment of milestones due to factors outside its control. it considers this premium to be 25% of deferred or contingent billing. what should be the total quoted fee for the engagement, including the contingent payment?
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Aconsulting firm would normally charge $250 an hour with an estimated time of 150 hours for an engag...
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