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Pricing Options

Free initial consultation, please contact us for details.

Cycoda offers several pricing options for its services:

Fixed Price Option

  • agreed fixed price for the service
  • staged payments where appropriate
  • delivery date(s) and a list of deliverables where appropriate
  • customer owns the copyright on anything produced
  • customer receives all source code, documents, drawings etc.

Daily Rate Option

  • agreed daily rate for the service
  • invoiced at the end of each month for work completed and delivered as required
  • customer owns the copyright on anything produced
  • customer receives all source code, documents, drawings etc.

Shared Risk / Joint Development Option

  • work out in advance a specification and price for the final 'product'
  • cycoda charges a proportion of the normal cost for the development work
  • cycoda retains copyright on all the design work and anything produced
  • customer is supplied with the final product (e.g. software in executable form only)
  • cycoda will supply copies of the final product to the customer for on-sale to its end-users
  • customer develops a product at lower cost while sharing the risk and the benefits

Which pricing option?

Choosing which pricing option depends upon your attitude to risk and the available budget. If there is enough development budget to cover the full development costs then the cheapest option is normally the "Daily Rate because the "Fixed Price" option normally includes a contingency in case something goes wrong. However if you take the "Daily Rate" option then you take the risk that the work takes more time than estimated. If you don't want to take this risk then the "Fixed Price" option is right for you. If you do not have enough development budget to cover the full cost of the project and want to maintain a development relationship with Cycoda then choose the "Shared Risk" option.

Feasibility Studies

Cycoda offers Feasibility Studies where a company needs an indication of whether to commit to a full scale development project.

Cycoda will provide quotations and proposals based upon your needs, please contact us.