Fixed Price Model

Under our fixed time and price model customers are offered a low-risk option and this fixed price model can employed when the scope and specifications of the project are reasonably clear. Fixed price model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in the Fixed Time/Fixed Price model. In fixed time, fixed-price engagements.

At Alchemist Software we follow a phased approach that includes scoping, development, implementation and business support with the long-term business commitment. We can offer customers a tremendous advantage on the cost front.

Fixed price model works best for - Customers with well-defined requirements and project schedules. Under this option, the customer pays a reasonable fixed price for the complete project, which is linked to well-defined deliverables. For any change in the scope, a predefined fixed hourly rate agreed at the initial stage of start of project is paid. For change requests we follow a standard and structured changes request process.