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Mark has a sliding fee scale – the more
work he does for you, the lower his hourly
fee.
His preference is a month-to-month retainer basis, although he also
takes
on project work.
Because his rates are lower than those offered by major lobbying firms
Mark
asks clients to pay in advance (each month, for retainers, or at the
start of the project, for project work). This keeps his working
costs down and his fees low – a win-win situation for both parties.
Here's how Mark can work for you:
Monthly
Retainer Fee
With a monthly retainer you will pay a much lower rate than Mark's
project
rate, based on the hours retained. A retainer allows up to a
given number of worked hours each month in exchange for a flat hourly
rate.
By choosing a retainer
you would not be limited to any one project, and would have access to
Mark's services for any of your interests.
Retainer agreements are for a
minimum of two months, and may be
cancelled by either party on two calendar months written notice.
Further information about Mark's
monthly retainer fee structure is available on request.
Project
Rate Fee
Mark's retainer rates are much lower than his project rates.
However,
clients occasionally need a onetime project completed, often on a
"rush" basis, and in those cases, and Mark offers his standard project
fee.
Mark's base hourly rate for project work is available
on request. This rate is for
onetime clients, and for unscheduled rush projects. Clients who
prefer a project basis can work in one of two ways:
- A fixed-fee project, with
one-half due before start and one-half due 30 days from the start of
the project (or midway through the project, whichever is sooner); or
- A fixed-fee project, for up to a
predetermined number of project hours; hours above that are
invoiced in 30-day increments (in advance) at an hourly rate to be set
at the time the project is contracted. Project fee to be paid
one-half at the start, and one half 30 days from the start of the
project (or midway through the project, whichever is sooner).
Some
clients prefer the fixed-price approach, and because of the risk
involved (i.e., the chance for in-process changes adding to the time
that must be committed to the project), rates for fixed-price projects
are higher; but they are fixed.
Further information about my
project fee structure is available on request.
Success
Fee
If Mark's service is used to win a contract he would normally expect a
success fee based on an adapted Lehman formula. The formula is;
2% on the first million in the contract, 1.5% on the second million, 1%
on third million, 0.5% on the fourth million, and 0.25% of everything
after that (above $4 million).
Reasonable
Expenses
Mark will seek reimbursement for reasonable out-of-pocket expenses for
such things as hosted meals / entertainment with issue stakeholders,
travel outside Canberra to meet clients / issue stakeholders, and the
cost of commercial production / delivery of 'pitch products'.
Expenses are estimated not to be greater than 10% of the monthly
retainer or project fee. Expenses will be invoiced out at cost at
the end of each month, and due by the 15th of the following month. For
clients / projects that involve expected expenses, those expenses which
are at or below 10% shall not need prior client approval, expenses
expected to be above 10% will be approved in advance.
Copies of receipts for all expenses claimed will be attached to the
relevant invoice.
Payment
Payment can be direct deposited into Mark's nominated bank account.
Account
information will be provided as necessary. Mark also accepts
payment
by business or bank cheque, however, he requires that any cheque
payment
be cleared into his account before beginning work.
Conclusion
Mark is also open to other working arrangements; however, he feels his
approaches are fair to all parties, they promote trust, and they ensure
the work gets done on time and in a fully professional manner.
Further
Questions
If you have further questions, please send Mark an email, via the contact page.
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