WHAT THIS MEANS

9.1   Do not charge fees that may impair your objectivity. For instance, do accept a fee arrangement that could provide you a bonus or contingency on the basis of recommendations not professionally and objectively reached.

9.2   If you are charging on the basis of time and materials, and the assignment is completed for less than the quoted amount, reduce the cost to your client appropriately.

9.3   If your client has not authorized a change order, do not charge in excess of the maximum fee quoted.

9.4   On a fixed fee engagement, with no authorized change order, deliver what you promised for the promised fee, even if it costs more or takes longer.

9.5   Value pricing is permitted, so long as the fee is commensurate with the value delivered and responsibilities assumed in the engagement.

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