SERVICE RATES

A. Engineering / Consulting

Service Description:

Hardware and/or software initial design or re-design including R & D, design, test and integration, electronics/electrical engineering consulting -failure analysis & troubleshooting of customer’s products, and ESD consulting - on-site assessment, survey/audit, as well as one-on-one personalized training and expert witness

Service rates with a minimum charge of one (1) hour (for both on-site & off-site services):

1. Standard Time - For service provided during normal business work hours, Monday through Friday, from 8:00 am to 5:00 pm: $500.00 per hour
2. Travel Time -For travel-related labor/time, i.e., preparation efforts, airport time, flight time, driving time, car rental pick-up/return: $500.00 per hour

*** For your reference, the following holidays are observed by Skolnik Tech:

1. Memorial Day
2. Juneteenth Day
3. Independence Day
4. Labor Day
5. Thanksgiving Day
6. The six (6) working days encompassing Christmas and New Year holidays

Typically, if a holiday falls on a scheduled day-off, then it is observed on the nearest scheduled workday.

B. Training

Service Description:

Existing classes offered by Skolnik Technical Training Institute. Please refer to our web site www.skolnik-tech.com for the complete details. Customized and on-site training are also available upon customer’s request.

Service Rate: Please refer to our web site www.skolnik-tech.com for prices.

Service Terms & Conditions:

• Customer purchase order (PO) is required prior to start of work.
• In exchange for the described work (please refer to the Statement of Work (SOW) for the complete details), Skolnik Technical shall receive as compensation, the Time & Materials (T & M) rates described herein.
• In addition to the above specified labor rate, customer shall pay or reimburse Skolnik Technical for all materials and any expenses incurred by the project, including travel expenses.
• Prices: Prices are valid for 30 days from date of price quotation.
• Payment Terms:
  1. "Net 15 Days" is our standard payment terms.
  2. For new customers, Skolnik Technical requires pre-payment from the customer, prior to start of work or training.
  3. The appropriate New Mexico Gross Receipt Tax (NMGRT) will be added to the invoice value unless customer provides a Non-Taxable Transaction Certificate (NTTC) to Skolnik Technical. For your reference, Skolnik Technical Training Institute’s NM Business Tax Identification Number (BTIN) is 02-340150-008.
• Work Stoppage: Any customer changes, which cause the project to come to a halt, will still enable Skolnik Technical to invoice customer for all work performed to date prior to project discontinuation, and agreed payment terms will apply.
• Customer Changes: Skolnik Technical considers any request to modify the original SOW to be a change. Should the changes made during the project cycle result in additional work, Skolnik reserves the right to stop the work in progress and re-quote the project. Once the new price quotation is approved by the customer and a new or amended purchase order (PO) is issued, work will commence again based on the newly updated SOW.
• Estimated Price Quotation: Per the customer’s request, Skolnik Technical will be happy to provide an estimated T&M cost for the project, strictly for customer’s budgeting purpose. This estimated figure is not designed to be a firm, fixed price (FFP) and shall not in any way be considered a binding contract between Skolnik Technical and the customer.