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A retainer can be a single advance payment or a recurring (e.g. monthly) payment. Absent an agreement to the contrary, a retainer fee is refundable if the work is not performed. [3] The retainer agreement may serve as the basis of authority for a legal advocate.
In the United States, an independent practice association (IPA) is an association of independent physicians, or other organizations that contracts with independent care delivery organizations, and provides services to managed care organizations on a negotiated per capita rate, flat retainer fee, or negotiated fee-for-service basis. [1] [2]
Money within the retainer is often used to "buy" a certain amount of work. Some contracts provide that when the money from the retainer is gone, the fee is renegotiated. This is to be differentiated between a retainer in Commonwealth states, where a retainer is the contract that is initially signed by a client to engage a lawyer.
Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. [1] A retention is money withheld by
Retainer agreement, a contract in which an employer pays in advance for work, to be secured or specified later, when required; Domestic worker or servant, especially one who has been with one family for a long time (chiefly British English) Affinity (medieval), also Retinue, a person or group gathered around in the service of a lord
MLB News: Chicago Cubs finally end Sammy Sosa exile after legend's apology letter Sasaki meeting with Yankees "soon" Per Yankees general manager Brian Cashman, Sasaki has a meeting scheduled with ...
An email like that might have sunk a vendor in any other business. In fact, as Andy North, a Health Science Center spokesperson, recently told NBC News of the center’s work with Med Ed Labs ...
Theeasement agreement is separating the commercial portion ofthe project from the residential component ofthe project. The easement agreement allows for the CRA to restrict the use ofthe commercial portion in perpetuity and helps to close the gap on the construction commercial ftmding. In fact, Seifel and Associates, an independent, third party
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related to: retainers fee contract definition law