We want to help as many budding entrepreneurs as possible. So we offer a variety of project funding structures to suit your needs and budgets:
Online consultation can be arranged through a variety of services. Initial 30-minute consultations can be had with one of our lead engineers for as low as $100. This tiny investment can help you understand the feasibility of your idea before spending tens of thousands of dollars in materials and design services.
- Fixed Price: Establish a fixed price upfront, 50% due at project start. The next 25% is due at the final design review. The remainder is due after the final deliverables are accepted. Projects with considerable upfront materials cost may require additional negotiation.
- Time and Materials: Depending on complexity we will negotiate an hourly rate and contract ceiling prior to starting work. The project will be invoiced monthly based on work completed in the previous month. As a rule of thumb for your planning purposes, we charge $400/hour for engineering/design and security-related work. $250/hour for review only work. Historically our engineering/design efforts require the following levels of effort, on average: 40 to 80 hours of effort over 2 to 3 months. Security work requiring 10 to 40 hours of effort over 2 weeks. Review efforts requiring 5 to 40 hours of effort over a week.
- Retainer: If you are looking to establish a long-term standing business relationship you can retain our services via a retainer fee that we charge monthly. The retainer fee is applied to any costs incurred during the month. Costs incurred that exceed retainer fees will be handled based on a pre-negotiated arrangement established prior to the first retainer payment. As an example, for our technical management coaching services we charge a $5,000 per month retainer. That gives our client 50 hours of nearly 24/7 access to professional engineering expertise. After the 50 hours, we charge only $75/hours for the next 50 hours of coaching. After that, we bill at only $50/hour for the remainder of the month.
- Technical Articles: We charge $1.75 per word for all technical writing undertakings.
Warranty – Due to the nature of the work that we perform, there is no warranty, express or implied. All work products are provided “AS IS”. Each hour that we work is billable regardless of the outcome of said work. While we will make recommendations on the level of effort required to implement a solution or fix an issue, it is up to you to let us know if there is a cap on the number of hours we spend on your efforts.