General Contract Clauses: Pricing Terms (Services, Pro-Service Provider) | Practical Law
This Standard Clause provides for pricing of services (commonly referred to as fees or rates) in a services agreement, drafted in favor of the service provider. This resource addresses different pricing mechanisms (also referred to as pricing methodology or pricing model) for services, such as fixed price and time and materials. It also includes standard language regarding expenses, rate increases (also referred to as cost escalators), and taxes. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.