Is it normal to have a client structure a contract with an hours restriction? It seems like they are capping the value of the work completed. Note: They also are giving us 10% of the money saved or money generated.

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Not an issue at all. I do contacts all the time that are time and materials with a capped set of hours.

It's just a way to control the final point but still drive value. If we burn thru the hours earlier I just raise it a month or two before we are forecasted to end and put a new contract in place for more hours

like

Yeah that’s pretty normal. Not sure why someone would want to structure it where they can just bill as many hours as they want

like

Pretty much always.

like

To control scope creep

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