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In a typical time and materials contract for service-oriented clients, services are supplied using direct labor hours billed at loaded labor rates. Loaded labor rates include a base hourly rate plus an additional percentage to cover indirect costs. For instance, if an employee earns $10 an hour, the loaded rate would exceed this to account for other expenses. In these contracts, materials are reimbursed at cost, with potential for negotiating General and Administrative (G&A) costs to be added. While the rates for time and materials are fixed, the hours worked may vary, leading to flexibility in billing.