Tiered Rate

In this rate type, clients pay a different rate for different levels, called Tier.

Customers can choose a contract for a “structured” deal which results in tiered rates. In Tiered rates, the Customers pays a different price for usage at different “tiers”. A client would specify the tiers by using the Upper Range and Lower Range amounts on the Rate Details. These Tiered rate Customers can also use the Block Price calculation. In this case, the Contract Volume expected usage must be greater than the lower range of the top tier.