T&M stand for time & Material. Generally this model is used by IT companies.
It is a typical business model where resourcing place an important role.

Sometime people call it Body shopping where you have to provide a resource to client as per his requirement and let client manage him.

Rest, you will be billed against the same.

One practice has been seen in this model like client has outsourced his domain engineer, similarly this IT company has also outsourced it to other local resourcing partner.

Only thing here is that all companies are bound with some basic legal formalities.

 ... Will keep on adding about this practice. Keep Watching.


! HAPPY READING !