Kestrel Bikes · Monthly retainer · led by Nora Feld · ends 31 Jan 2027
Product retainer
- Fees to date
- $46,636
- Earned so far
- $46,636
- October pro rata
- Cost so far
- $42,030
- 614 h logged
- Margin so far
- $4,606
- Margin at finish
- 9.9%
- $4,606
Cost so far $42,030Forecast at finish $42,030Budget $30,313 (65% of fee)Fee $46,636
Retainer: $18,000 a month through 31 Jan 2027. Fees change at renewal.
Hours and cost by person
| Person | October | All time | Loaded rate | Cost |
|---|---|---|---|---|
| Ben AdeyemiBrand designer | 30 h | 142 h | $70/h | $9,940 |
| Maya GoldbergDesigner, packaging | 26 h | 123 h | $66/h | $8,118 |
| Nora FeldSenior product designer | 16 h | 76 h | $84/h | $6,384 |
| Isabel DuarteProduct designer | 20 h | 94 h | $66/h | $6,204 |
| Sophie LaurentMotion designer | 18 h | 85 h | $72/h | $6,120 |
| Lily ChenJunior product designer | 20 h | 94 h | $56/h | $5,264 |
| Total | 130 h | 614 h | $42,030 |
Log time to this project
Adds to the person's utilisation and to this project's cost.
- Hours in October so far
- 130 h
- Plan for a month
- 190 h
- Budget left (65% of fees to date)
- $11,717 over budget already
Invoices
Billed $54,000, paid $36,000, outstanding $18,000. Kestrel Bikes pays 6 days late on average; next payment expected around 6 Nov.
| Number | For | Status | Amount | Action |
|---|---|---|---|---|
| INV-2310 | August retainer | Paid 4 Sep 2026 | $18,000 | |
| INV-2311 | September retainer | Paid 7 Oct 2026 | $18,000 | |
| INV-2361 | October retainer | Due 31 Oct 2026 | $18,000 | |
| Not yet | November retainer | Scheduled for 1 Nov 2026 | $18,000 | |
| Not yet | December retainer | Scheduled for 1 Dec 2026 | $18,000 | |
| Not yet | January retainer | Scheduled for 1 Jan 2027 | $18,000 |