Common use of Billable Time Clause in Contracts

Billable Time. For services not related to a debt transaction, all time must be billed in one-tenth hour or one-quarter hour increments, and must reflect only actual time spent. Tasks referencing correspondence and filings must describe the document received or authored. Agency expects to be billed for the actual time it takes to modify standardized forms, filings, and/or correspondence for use on the matter being billed. Agency will not reimburse Outside Counsel for the time it originally took to prepare any such standardized documents. Agency will not pay for review, execution, and processing of the OCC and submission of invoices.

Appears in 3 contracts

Sources: Outside Counsel Contract, Outside Counsel Contract, Outside Counsel Contract