T&M stands for Time and Materials and is a type of contract. In T&M contracts, the amount charged to the buyer is an amount equal to the actual time spent by the seller performing the work multiplied by an agreed upon hourly rate. For the material part, the amount charged is the price of the actual material used. If you use one less Widget or one more widget than initially thought, the contract price is adjusted proportionally.
Sunday, June 21, 2009
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1 comments:
That's the actual trick of business one can make more to more money at that time saving time,Thankx
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