Page 103 - 2022 Colorado Investigative Development Institute (CIDI)

6/3/22

Clients

- Insurance Companies
- Do not require a contract and seldom will agree to one
- Usually work within their guidelines and rules
- Will rarely pay a retainer
- Will pay invoices Net 30 – Net 60 usually (find this out first! – Make invoices reflect their policy)
- Generally will want flat rate for surveillance type jobs
- Will usually have a pre-determined report format you must follow
- Will usually have short deadlines for reports / video to be produced after you are done with work
- May often set dates to conduct work
- May require updates during the day on surveillance jobs
- DO NOT do work outside of the scope outlined without prior approval

PI BUSINESS & MARKETING BASICS

JOHN MORRIS – EVCO INVESTIGATIONS

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Clients

- Sub-Contractors
- National Firms
- Local Firms
- Pay rates will vary widely $25.00 - $50.00
- Usually work within their guidelines and rules (Surveillance will usually require time shots)
- Will rarely pay a retainer
- Generally will want flat rate for surveillance type jobs ($25 * 8 = $200 / $50 * 8 = $400)
- Will usually have a pre-determined report format you must follow
- Will usually have short deadlines for reports / video to be produced after you are done with work
- May often set dates to conduct work
- May require updates during the day on surveillance jobs
- DO NOT do work outside of the scope outlined without prior approval
- Start off SLOWLY – Payments can be slow (Make invoices reflect their payment policies)
- National Firms 30 – 180 Days
- Local Firms usually 30 days

PI BUSINESS & MARKETING BASICS
JOHN MORRIS – EVCO INVESTIGATIONS

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