Pricing

Transparent pricing. Fixed fees. Fast delivery.

We are a not-for-profit, obviously, being a part of a major Canadian research university. However, our operations are not publicly funded but sustained by our friendly cost-recovery chargeout rates.

Typically, for projects <$100,000, we invoice 50% on signing, and 50% on completion. For larger projects, we establish invoice trigger points based on milestones.

All projects are fixed fee in nature; we use the hourly rates purely to calculate the cost to you. The only exception are the support services that we provide, where all efforts beyond the 10 hrs/month included in the monthly subscription is billed at the rates below.

USD
CAD
$ 150 /hr

Principal Research Engineer

This will be your project owner.

  • Seasoned product development professional
  • Single point of contact for client
  • Supervisor to all other staff
  • Primary responsibility in QA
$ 100 /hr

Developer/Technologist

The work-horse(s) in your project.

  • Among the crème-de-la-crème
  • Trained and tested in the FYELABS way
  • Well-informed in the latest and greatest of tech
  • A rising star (yes, always!)

Pricing Conditions

Our pricing has 4 conditions written in plain English. No legal team required.

Out of Pocket Expenses

Out of pocket expenses such as materials and travel will be invoiced at cost.

Project Administration

A project administration fee charged at 10% of labour costs will be added.

Project Startup

A startup fee of $2,000 CAD or $1,600 USD is applicable if the total project value is less than $50,000 CAD.

Taxes and Fees

As always, taxes and fees are extra as applicable.

Innovation starts with FYELABS

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