We prefer to work through SafePay escrow system. Our payment terms are as follows:
25% money deposited in the SafePay escrow in order for the job to be officially started.
10% money disbursement before starting the job.
70% money disbursement from SafePay escrow on staggered milestone delivery
20% money disbursement from SafePay escrow after completion of project.
For project cost less than $3000:
75% money deposited in the SafePay escrow and 25% disbursement for the job to be officially started.
50% disbursement from SafePay escrow on Beta Delivery and remaining 25% deposited in SafePay escrow
25% disbursement from SafePay escrow on final delivery
For all Projects:
On delivery of each phase, the client will have to release the payment agreed for that phase.
Only when the client pays for the delivered phase, the next phase development will commence. For a phase to commence, the SafePay escrow amount needs to be deposited. We will start a new phase only after the realization of the previous phase's payment.
The client will have to review and report the issues back to the programming team (if any) in 2 weeks time after delivery of each phase. After 2 weeks of delivery, issues will be fixed at hourly rate as specified in Elance profile
We will quote further for any requirement changes and this modification will be an extension to the agreed terms and the current terms will be still valid unless and otherwise agreed in writing.
Intellectually Property Rights of the deliverable vest with the client and Biz4Solutions will not make any claim for this.
The client will not, by any manner, offer any software related work to the staff of Biz4Solutions directly or indirectly.