1. Fixed Price
This type of contract applies when the project is:
- well defined
- highly competitive and RfTek has a competitive advantage.
- an opportunity for RfTek to increase expertise or strategic advantage.
The client benefits from the knowledge that there is a fixed price relative to the deliverables. This contract specifies
the total cost of the project, the delivery date and a description of the deliverable.
RfTek has done several of these types of projects. Examples of these types of projects are:
- EMC review of 4 to 20 layer circuit boards. RfTek reviews a brief description of the product before submitting
a quote. Price for this type of project has ranged from US $800.00 to US $4000.00.
- EMC Training falls under this category also. RfTek has performed 1 week to 1 day training programs ranging from US $800
to US $4200 depending on the requirements of the client.
- EMC test management: Projects have ranged from US $800 to US $25,000.
2. Time and materials:
RfTek will perform these types of contracts when the project is not very well defined or when the client wants full control
of RfTek's tasks. Typically a cap is placed on the purchase order by the client. The client is protected from time "over-runs".
RfTek provides a detailed timesheet with the project invoice for client approval prior to payment. All time RfTek spends in
the project is accounted for in detail. Materials, travel, etc are invoiced at cost. RfTek has performed several contracts
of this type. EMC testing services under the direction and supervision of the client are typically provided under this
type of contract. Per hour rates based on the level of skill required for the job and the number of hours required. Per hour
rates range from US $60.00/hour for very basic testing to US $150.00 for advanced test, R&D methods and diagnosis
and mitigation services.
3. Monthly Retainer fee:
This type of contract works with clients that want to have the convenience of using RfTek consulting services on
a regular or occasional basis. A specified amount of time availability is agreed upon on a per month basis. An example of
this type of contract is a client who requests test plan reviews on a monthly basis. The typical cost of a contract of this
type would be about US $800 to US $2000 per month, and is limited due to RfTek capacity.
