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Standard Hourly Rates and <br />Billing Arrangements <br /> <br /> <br /> <br />Page 2 of 2 <br />requirement, identify alternatives, and recommend a solution in less than twenty-four <br />consulting hours. <br />INSURANCE <br />We maintain the following policies of insurance with carriers doing business in California: <br />• Commercial General Liability Insurance ($2,000,000 Occurrence/$4,000,000 <br />Aggregate) <br />• Workers’ Compensation ($1,000,000) <br />• Professional Liability Insurance ($2,000,000 Occurrence/$2,000,000 Aggregate) <br />• Hired and Non-Owned Auto Liability1 ($2,000,000) <br />• Umbrella Liability ($3,000,000 Occurrence/$3,000,000 Aggregate) <br />• Cyber Liability ($1,000,000 Each Claim) <br /> <br />All costs incurred in complying with additional coverages or limits (excluding additional insured <br />and waiver of subrogation endorsements) become the responsibility of the client and are not <br />included in the fees for services or direct charges but are billed in addition to the contract at <br />cost, plus any professional or administrative fees. <br />INVOICES AND PAYMENT FOR SERVICES <br />Our time reporting and billing system has certain standard formats that are designed to <br />provide our clients with a detailed invoice of the time and charges associated with their <br />engagement and we typically discuss these with our clients at our kick-off meeting. We are <br />also pleased to provide our clients with a custom invoice format, but we will have to bill the <br />client for time spent conforming our invoices to their unique requirements. <br />Billings for professional services and charges are submitted every month, in order that our <br />clients can more closely monitor our services. <br /> <br /> <br />1 HF&H Consultants does not own any company automobiles. <br />Docusign Envelope ID: D0CB4BF3-FEDC-4F7D-95C4-0EB4DA05C18DDocusign Envelope ID: 804B2B42-D170-827B-8224-2AEAE4830555