Vrudth is the Next Generation Internet Consulting Firm, Creating Innovative e-Business Solutions for its customers. We focus on projects in cutting-edge technologies including SOA, Web 2.0 and Open source.
In the 10 years of our existence, we have executed over 1,000 projects in a variety of technologies, for over 200 customers ranging from Fortune 100s, large enterprises, Software Product Companies, to the SMB's.
Payment Terms
STATEMENT OF GENERAL TERMS & CONDITIONS
1. Fee Structure:
All kind of coding whether it is HTML fixes, Scripting, any Database kind of changes or Graphics changes, the hourly rate will be 10$ to 15$ per hour (depends on per task basis). Hourly rates will be adjusted semi-annually to reflect changes in the cost-of-living index as published. If overtime (expedited work in case of emergency and need it right now) is required, the one-half of regular hourly rate is charged at direct cost to the project. Unless otherwise stated, any cost estimate presented in a proposal is for budgetary purposes only, and is not a fixed price. The client will be notified through an invoice or email when a payment date is reached.
2. Maintenance Cost:
a.] Fix for issues out of current release task: In this scenario, no additional cost will be incurred as this cost is on us, provided the fix is within the specified task list. The changes should be notified to us within 2 weeks of the release unless and otherwise noted separately with a different time limit at the commencement of the task.
b.] New requirement or additional requirement: If we have a additional requirement then a new task list will be prepared which will be worked on based on the fee structure mentioned in the point 1 above.
c.] Annual Contract: Annual maintenance contract will not follow the fee structure mentioned in point 1 above. A separate agreement will be laid with a monthly payout fee before the commencement of actual maintenance.
3. Payment:
For projects over $1000
25% = On signing of the contract
20% Database and Web Designing
20% Admin Panel
20% User Panel
15% Testing and Deployment
For project upto $1000
50% = Project Initiation
50% = Project Completion
Our major Services include;
Application Development and Maintenance (.Net & Java) Consulting and Implementation (Web 2.0, SOA/ Web Services & Open Source) Mobile devices applications development Testing Services (manual & automated) Digital Media Production Remote IT Infrastructure Support
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