Fee Burn Defined

Fee Burn is the amount of the Net Fee that you have burned through internally.

When we calculate the amount of your fee that you have burned through on a project, we include your labor costs, overhead, direct expenses, and profit set-aside. If we did not include the profit set-aside, you might have a false idea of how much of the fee is left to consume on the project.

Take a peek at the linked article below that explains the actual calculation.