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Our fee structure varies from flat fees, to time and expense, to a percentage of savings, based on which services are requested. And regardless of which structure you select, we always put a large portion of our fee at risk, subject to your satisfaction (see sidebar to the right).
More importantly, many of the services we provide result in substantial overall savings to our clients. So when evaluating the true cost of our services, often you will find there are net savings even after paying our fee.
Therefore, our fee structure can be summarized as having 3 key features:
1) You agree to the initial fee and how it is calculated.
2) We put a large portion of our fee at risk subject to your satisfaction, to ensure that our goals are directly aligned with yours.
3) Often our fee is offset by program savings resulting in net savings to you.
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Our goal is 100% client satisfaction. And we are confident that our services will meet or exceed your needs. We also feel that earning our fee should be based on that satisfaction. Therefore, we are willing to put our fee at risk. Our contracts contain a minimum earned premium for basic time and costs associated with the contract performance. However, 50% of the agreed upon fee is held by you and is payable only if you are fully satisfied with our service.
As stated to the left, some of our services result in significant savings to you and your business. And even when we achieve those savings, we still give you the last and final decision as to whether we earn the full contract amount.
We look forward to becoming your partner and offer our trust as the first element of that relationship. Let us act as your risk management and insurance
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Commonwealth Risk 