Fixed price projects

With a Fixed-price contract, you specify your project's requirements and have a fixed budget and pre-arranged deadlines.

Fixed scope projects

Why we recommend the Fixed-price contract

01

Define All Project Requirements


You envision your web project and work together with the team on estimating the amount of time and money that are to be spent according to the project requirements. Given all requirements are strictly defined, the estimation is accurate.

02

Transparent and Easy Management


As all project requirements are clearly defined, a web development team does the work for you without you. In such a workflow, expectations are predictable and management is easy and transparent, giving you time to focus on promoting and scaling your business.

03

No Financial Risk for You to Go Over Budget


In the fixed-price contract, the payments are based on a percentage of work performed. Due to the regular project management interaction with the service provider, margins are protected and the project is delivered within that budget.

FAQ

Can I change project requirements?

Before the project starts, the development team must have fully described and defined functionalities and stages of the implementation. These are the requirements a client needs to fulfill to have the web development team estimate the project. If the client wants to develop a new feature or functionality that was not described and defined in the documentation, or if the market conditions change and some planned feature is no longer required, an additional agreement is created. Implementation of the new features or any changes related to the existing ones are negotiated independently, and development tasks are paid extra.
If I am not sure whether my project fits the fixed-price model, what might be the reasons for choosing another type of contract?

A fixed-price model requires in-depth planning because the developers need to discuss every detail and action before the development starts. When/If the project specifications are not clear, new features' approval takes much longer along with the paperwork. Such a situation has the potential to stall the development process.

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