Skip to main content
Back to Glossary
General

Time and Material Contract

Compensation model where services are billed by actual effort (hourly rates × hours) – common for consulting and IT services.

What is a Time and Material Contract?

A T&M contract bills by actual effort: hourly rate × hours. Typical rates range from EUR 80/h (junior) to EUR 350/h (partner).

Used in consulting, IT, and planning procurement, usually with framework agreements, budget caps, and reporting obligations.

Patterno Helps

Patterno-HIT finds consulting and IT tenders with T&M models.

Find Matching Tenders

With Patterno you automatically find relevant tenders - based on your profile.

Start for free