Fee Structure

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Fee Structure

(depending on client needs and project scope, different fee mechanisms, from the list below, may be appropriate):

  • Hourly rate: The hourly rate for time-limited projects is negotiable.
  • Project-based fees: For activities that exceed short-term projects (conducive to an hourly rate), Ralf will negotiate a predetermined fee for a defined set of deliverables. 
  • Value-based fees: For some projects there may be tangible and intangible benefits generated for the client. Ralf will negotiate value-based fees with the client that are independent of the actual hours put in.
  • Retainer fees: This involves a regular payment for access to Ralf's expertise, regardless of the hours worked. This is a good choice if the client's goal is to receive ongoing support from a specialist.

Start-Up Fees

Some arrangements may involve start-up fees. These are one-time fees for initiating a clinical trial, covering administrative, regulatory, and financial aspects. Examples include:

  • Administrative Start-Up Fee: Varies based on protocol complexity.
  • IRB Fees: Include initial review fees, continuing review fees, and amendment fees.
  • Maintenance Fees: These are ongoing fees for maintaining the study and the site. Examples include annual fees for storing and archiving study documents
Person calculating finances with pen and calculator.