Contract Kill Fees
Contract Kill Fees
Out of context: Reply #12
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- MrD0
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1. early termination should be with in your binding contract
2. if it is not in your contract, you should contact the client and neg a settlement for work that you have done up to now and other retaining fee (say, you cleared your schedule for this project and by not taking other client, you have lost money)
3. 50% is not unusual but if it is a large project it might be high.
4. any time you have been thinking about the client and its project counts as time you spent.
5. you should consider looking in to day rate rather than flat rate.
6. I would charge ANY time you have spent on pre contract.
7. doing actual design should not be only part that get paid. it should also include research and other prep time.