Payment methods.
Payment is effected by bank transaction to the company
account, or by cheque.
Cost of Order
Execution. Cost of order execution is determined
at the stage of project analysis.
The work to fulfil 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. The payment procedure varies
for small and medium-to-large projects.
Small projects.
In the case of small projects (execution time less than
two months) a customer pays only when they receive the
product final version, complete testing and are satisfied
with the result. If during testing of the final version
a customer finds bugs or inconsistencies with initial
specifications, then payment is concluded after the company
has fixed all bugs and inconsistencies.
Medium-to-large
projects. For medium and large projects, interim
payments are negotiated. Individual interim payments are
made on conclusion of discrete project elements for which
payment has been agreed with the client and for which
the client has confirmed satisfaction. Both the amount
of interim payments and amount of work involved before
the payments 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 per cent of the
project budget (the remaining being accounted for by interim
payments).
