How It Works
Contract Duration & Support Timing
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Hourly Deduction & Prepaid Hours Practices
Hourly Deduction & Prepaid Hours Practices

Transparent Time Tracking:
Expiration of Unused Hours
❖ Any unused hours at the end of the 6-month contract period will expire. To maximize value, we recommend scheduling all anticipated support tasks within the contract timeframe.
Low Fund Notification
❖ When your remaining pool of prepaid hours reaches 1 hour or less, Nvalent will proactively notify you via email, providing a clear alert that it’s time to renew your service contract to maintain uninterrupted support..

Scope and Pricing Adjustments
❖ However, should there be any changes or discoveries during the due diligence or pre-implementation phase, pricing may be revised accordingly.
❖ This ensures that the agreed fees accurately reflect the work required and that both parties are aligned on expectations.

Consulting Nature & Transition to Managed Services:
❖ As such, there are no penalties associated with service-level agreement (SLA) breaches.
❖ However, as we progress, performance metrics will be reviewed, and we may propose transitioning to a Managed Services model if that becomes a more beneficial option for ongoing support.
Expiration of Unused Hours
❖ The pricing provided in your proposal is valid for 4 weeks from the date of submission. After this period, a review of your project requirements may result in updated pricing to reflect any new considerations.
Taxes & Government Charges
❖ The listed prices exclude any taxes or governmental fees, such as VAT, GST, or excise duties.
❖ These may be levied depending on your jurisdiction, and any adjustments in fees due to local legal changes are to be borne by the client.
Connectivity and Onsite Travel
Payment Plan:
❖ Services are billed 6 months in advance. Unused hours expire if not used within the contract period.

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