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International Precision Engineering - Consulting


Consulting Fee Schedule

Initial Consultation - Telephone or in Person $0.00
Hourly Rate - Consulting, Research, Reports & Review $250.00 / Hr.
Travel within 50 miles of regional office No Charge
Travel other than above by car is charged at the prevailing IRS automobile mileage rate plus actual expenses. Air travel is charged at the lowest non-stop refundable coach rate plus actual expenses. Travel time is charged at the prevailing hourly base rate in half-day increments and multiples.
Miscellaneous supplies such as, faxes, copies, postage, overnight delivery, long distance charges, parking, etc. are charged at cost.
Account analysis - Forensic accounting reports and other professional services such as printing, binding and electronic presentations may be subcontracted. These are billed at cost.**

Terms:

Retainer: Minimum $7,500 retainer paid in advance. Any amount of this retainer, in excess of the amount billed against it, is non-refundable. Charges exceeding the original retainer are billed monthly. SLS may request an additional retainer at any time and reserves the right to suspend work until such additional retainer is received.

**Account Analysis may be provided by an outside company and is not covered by the retainer. An additional retainer amount equal to the estimated cost is required in advance of the outside analysis firm commencing work. Supplier's direct billing to the client eliminates this retainer.

Billing is monthly * Terms: net 30 days * Past due balances are charged a 1.5% monthly penalty * Accounts must be current before the first deposition, hearing or trial date and paid in full prior to any testimony rendered.


Discount Examples:

Shared Intelectual Property 10%
Limited Nondisclosure Agreement* 10%
Facility/Software Allocation up to 50%
Long-term Agreement up to 50%

*Limited nondisclosure for curriculum vitae and/or marketing capabilities only

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