Time and Materials agreement

                                                        AGREEMENT 

[Your Company Name] 

[Your Company Address] 

[Letter Date] 

[Customer Name] 

[Customer Address] 

Dear [Mr/Ms/Mrs] 

PROJECT: [Job Name] 

We propose to: 

Not including: 

We propose to perform the above work on an hourly basis plus expenses as outlined below

1. Labour rates: All time spent by personnel shall be compensated at the following rates: Category Rate ______________________________ _________________ ______________________________ _________________ ______________________________ _________________ ______________________________ _________________ 

2. Materials: All materials furnished on this project shall be reimbursed at cost. 

3. Invoices: All invoices shall be due upon receipt. Any invoices not paid within _____ days will be charged a late charge of _____% per month. 

Acceptance of Agreement 

The above price, specifications and conditions are satisfactory and are hereby accepted. 

You are authorised to do the work as specified. Payment will be made as outlined above. 

Buyer’s signature: ____________________________

Date: ______________________ 

Company: [Name Of Company]