IDI version 26.8 is now available.  Click here for details: IDI Updates.

Minimum Fee

Prev Next

The Minimum Fee Penalty is the difference between the Term value (the amount the customer agreed to maintain) and the actual usage for each billing period. If the actual usage is less than the term value, the difference is added to the customer's invoice. This penalty is used only with the Minimum Usage Guarantee Term Type, whose Units must be Currency.