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- Ways of Payment.
The payment is effected by bank transaction to the Company
account, or by check.
- Cost of Order Execution.
Cost of order execution is determined at the stage of
Project Analysis. The work
to fulfill the order will be started only when the Customer
agrees with the proposed cost of order execution
- Payment Procedure.
Order payment will be carried out after the work is fulfilled
and accepted by the Customer. Payment procedure is different
for small and medium (large) projects.
- Small projects.
In case of small projects (execution time is less than
2 months) a Customer will pay for the order only when
he/she receives the product final version from the Company,
tests it and is satisfied with the result. If during testing
of the final version a Customer finds bugs or inconsistencies
with initial specifications, then the payment is effected
after the Company will have fixed all bugs and inconsistencies.
- Medium (Large) projects.
For medium and large projects the number of interim payments
are designated. Interim payment is effected when the Company
will have finished a certain part of project work, and
the Customer satisfied with the testing results for these
project work. Both the size of interim payments and the
amount of work to do before the payment are determined
at the stage of Project Analysis.
After receiving the product final version a client effects
the final payment that is equal to 30-50% of the project
budget (the remaining being accounted for by interim payments).
See Also:
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