--000000000000ec8e610616b376f6 Content-Type: multipart/alternative; boundary="000000000000ec8e600616b376f5" --000000000000ec8e600616b376f5 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Laszlo, At this point we only have 50 clients activated and their value is about 76 hours per week or $2926.00 weekly. We are hoping to on-board about 200 clients but we only receive 25 clients each portfolio as they are approved by the municipality. This will take maybe two months to get to a point where we have all 200 I would say. Each client receives a maximum of 3 hours bi-weekly with most receiving only 2.5 hours bi-weekly. Two clients have weekly service. The billing rate is 38.50 per hour. I hope this helps. Cheryl On Mon, Apr 22, 2024 at 3:11=E2=80=AFPM Laszlo Kovacs wrote: > Cheryl, > > > > This entity has 200 clients, but what=E2=80=99s the estimated weekly/mont= hly value > of this deal? > > > > Thanks, > > > > *From:* eclark@thekey.com > *Sent:* Monday, April 22, 2024 11:23 AM > *To:* 'Cheryl Cartwright' ; > michelle.kenaga@thekey.com > *Cc:* 'Timothy Thomas' ; kristy.poyner@thekey.com; > stephanie.fuston@thekey.com; 'Taylor Cleland' ; > 'Laszlo Kovacs' > *Subject:* RE: Billing for Contract Client > > > > Hi Cheryl > > > > Impacts to cash flow are determined by Finance & Treasury leadership, her= e > primarily being the delta in the cadence of payroll going out vs invoices > being paid. I hope this helps to clarify. Please let us know if you have > questions or if we can help unpack that for you further. > > > > Elizabeth Clark > > Director > > > > > > > > *From:* Cheryl Cartwright > *Sent:* Monday, April 22, 2024 9:11 AM > *To:* michelle.kenaga@thekey.com > *Cc:* eclark@thekey.com; Timothy Thomas ; > kristy.poyner@thekey.com; stephanie.fuston@thekey.com; Taylor Cleland tcleland@thekey.com>; Laszlo Kovacs > *Subject:* Re: Billing for Contract Client > > > > Hi Michelle, > > > > Cash flow should not be affected by this particular contract paying > monthly but we can wait for approval on this. The hours per client are on= ly > about 2 - 2.5 per week which is currently an increase of about 38 hours p= er > week. We are expecting to double or triple this in the coming weeks but > again should in no way impact cash flow. > > > > Your summary is correct regarding the one payer (the government) for many > clients. They require monthly payments and one total bill for all service= s. > We do have a contract in place that took several months to achieve. > TheKey's legal team was looped in and part of the process. > > > > Tim can provide the contact if needed. > > > > Cheryl > > > > On Mon, Apr 22, 2024 at 12:48=E2=80=AFPM wro= te: > > Hi Cheryl, > > > > Apologies, there are a couple different things being asked in this thread= - > > > > My understanding of this thread is we have a parent payer(one payer) that > needs to be billed for multiple clients and you would like invoices bille= d > monthly vs weekly on one invoic