Common use of Resource Costs Clause in Contracts

Resource Costs. CLIENT shall compensate PPD for performance of services rendered by PPD pursuant to this Agreement on a monthly basis. The invoice will include cases submitted for the preceding month and billable hours and costs applied to the project according to the rates stated in Attachment A. When off-site travel is requested by CLIENT staff time will be billed at rates shown in Attachment A. On or before November 15 of each year of this Agreement, the PPD Fee Structure for the period beginning the following January 1 through the following December 31 shall be adjusted by mutual agreement of CLIENT and PPD, unless already specified in the then current Attachment A. Any such adjustment shall be reflected in a replacement Attachment A that shall be signed by an authorized representative of CLIENT and of PPD. Should the replacement Attachment A not be executed before November 15, PPD’s standard Fee Structure for the following January 1 through December 31 shall apply, pending the execution and implementation of the replacement Attachment A.