Commercial Models
When it comes to our business relationship with clients it is well known that we are flexible and interested in coming to a win-win situation in which our business partner takes more benefits from our collaboration. These are the basic collaboration options:
1. Fixed Price – contracts involve a single fee quotation for an entire project. The project is first scoped, resulting in a clear set of requirements and project specifications, including milestones, deadlines, and acceptance criteria. EvoSoftware then takes these specifications, estimates its internal costs and margins for developing or testing the application, and submits a final quotation to the customer.
2. Time & Materials - are based on the length and number of resources committed to the projects. Fees are negotiated using either hourly or daily rates. The final contract price is variable depending on the resource quantity factor multiplied by time, both of which are usually tracked and reported using time sheets or another monitoring system.
3. Fixed Team – contracts offering a fixed team of resources which are billed at full monthly rates, regardless of workload. Fixed teams contracts represent “virtual teams” that are typically committed to the customer for a long period of time.
