Billing Models
Time and materials
We adopt this model thereby ensuring the risk mitigation and vendor confidence. Monitoring is done through daily time sheets and progress reports. Consultants are available on a first come, first served basis.
Time and materials with ceiling clause
A standard time and materials method with an additional clause that, price will not exceed a certain mutually agreed amount.
Fixed Price Project
Project bids on fixed price and fixed time basis. Bids may be fixed on hard set of
specification or accommodate certain level of flexibility this mode places upon the
provider maximum risk and full responsibility for all costs and resulting profit
or loss. We charge for the approximate effort estimated in terms of man-
Mile stone based Payment Schedule
In a remote development project, milestone based payment schedule, reinforces progress monitoring, to achieve milestones. It helps to justify payment, by visible progress, reducing the risk.
Monthly Resource Based payment
Best suited for extended development center model, billing is done monthly, based on the number and level of resources utilized.
High availability, time and material
This model is available for clients that require fast response and undetermined number of hours. Normally based on 4 or 8 hour response cycle, this model ensures a place in the queue. Thereafter, time and material applies. These sites are often monitored remotely on a contractual basis.
High availability, High Risk, Fixed Price
This model is available for clients that require quick response and a fixed budget.
Consultants are available based on a high response cycle and are often based on-
