Ad blocker interference detected!
Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers
Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.
Time and materials (T&M) is a type of contract where the vendor is paid on the basis of (1) the actual cost of its direct labor, usually at specified hourly rates, (2) the actual cost of materials and equipment used, plus (3) an agreed upon amount to cover the vendor's overhead and profit.