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.
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
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.
