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Pricing

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Pricing Models
TechFeat isn’t “cheap” and TechFeat isn’t “expensive” either.
We strongly believe in high value added services and excellent value for money and are always open to negotiate commercials depending on project and client.
As a general practice, our projects are executed with the following pricing structures:

Fixed Price
The fixed-price model only works when:

The specifications of the project are clearly defined in detail
The project scope does not change during development or implementation
Timescales are clearly defined including milestones

For fixed-price projects, we take on the risk associated with the delivery and pricing and therefore it is crucially vital that all details are agreed before starting the work. Usually we work for a few days on a T & M (time and materials) basis, to try to establish the scope of the project, UI in detail. Only after the project is spec-ed in detail it is realistic to proceed on a fixed-priced basis.

T&M (Time and Materials)
The time and material model is essentially a “pay per day” pricing model. This is most suitable when a particular project isn’t well defined and cannot be estimated well ahead. Long term customers prefer this model since everything is transparent on a daily basis. The risk for this model is scope creep, since it’s very tempting for the client to add many changes during the work. This model may be suitable for start ups or where quick changes and fast pace of development is essential.

Our standard rate card is available on request though.

Dedicated Teams
Much of our work is performed using this model.

The Dedicated Team pricing model means that we dedicate a team (1 or more consultants/developers) to a customer. This has many advantages such as:

Our developer is effectively also part of our customer’s team
Project management can happen on the client’s side too
Very reactive pace of development

The only slightly but rare concern if on a long-term project with this model is that people at our end may feel monotonous using the same technology, facing the same project every day, but we usually rotate individuals in order to: share knowledge across the team and stimulate innovation thus alleviating this risk too.

Offshore Development Centre (the ODC) Model
We have excellent teams with up-to-date development expertise in locations across India and around the globe that operate as an extension to clients' existing software development business.

For our offer of ODC services, terms and rates (for 3+months, 6+months, 1+year and T&M) please contact us directly or request our business proposal document.

 

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