Hourly and Fixed Bid Contracts

What are hourly and fixed bid contracts?

These contracts are legally binding agreements between you and your clients where you promise to do some type of work and the client promises to pay. The biggest difference between these two types of contracts is how you craft your quote – by hours of the work performed or by a lump sum. Our contracts differ based on this quoting and billing method because each method has it’s own challenges and pitfalls.

Why are hourly and fixed bid contracts important?

These contracts are important because it is so difficult to provide an accurate hourly estimate. If you go over the estimated hours, clients often think that they should not have to pay for the extra hours. However, you should not have to work for free! Our contracts ensure that your clients will have to pay you if you end up going over the original estimate. Furthermore, our contracts will protect you in case of changes to scope. These contracts will also ensure that you get paid and on time.

What are some of the protections that we include?

  1. Billing and payment: ensure that you get paid on time.
  2. A clear description of the services to be provided.
  3. A process for changes to the services to be provided.
  4. Dispute resolution.
  5. Client responsibilities.
  6. Limitation of liability.

What is the price?

Our pricing is specially tailored to be affordable to small to medium-sized businesses.

If you would like us to review your existing contract, our rate is $175 per hour.

If you would like us to draft your contract, the costs start at $525.

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