>>This assumes you do Time and Material work and not Fixed Price.
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>It assumes nothing of the kind... At least, not in my world...
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>Your fixed price K only relates to specific travel. By definiton, it cannot be open-ended. Any other "unexpected" or "extraordinary" travel would be subject to a change order and consequently, more $.
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>In my experience, this is where a lot of developers take a royal bath, because they fail to account for these contingencies. Sadley, it is the deal they make and one that they must stick with.

I didn't mean for my comments to be associated with the travel per se. I cut out that stuff.

My comments were more directed toward the following:

>In any given year, you have X hours you can bill. Once an hour is gone, it is gone forever.

One of the benefits of fixed price contracts, IMO, is that they give you the ability to make more money in a given year than a similar time & material contract would. You could see this in one of two lights:

1. Your rate/hour is higher for the given contract.
2. Number of hours billed exceeds the number of hours actually worked.