Fixed Price Projects
In general, organizations have been adapting the Fixed Price Model in the recent years, where in the execution burden of the software development is handled by the vendor. Fixed Price Model is efficient when the scope of the project is well defined and requirements well captured. Neumeric has extensive experience in handling the fixed price projects and manages all the resources, travel and infrastructure. Operations Support and Maintenance will be provided for the projects beyond development and is also based on a fixed price per year.
Typically, fixed price projects are executed at one of the Neumeric's locations. But, we work with our customers in case the projects need to be executed at customer's location.
Neumeric bears all the expenses in terms of hardware and software requirements for development and pre-production testing. Neumeric also stands behind the commitment by offering Warranty of the developed software, typically 3 months into product for free.