Engagement Models
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Do reach out to us through the online Drop Us A Line option. We would be glad to connect with you to understand the nature of your current challenges and to work towards a solution.
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We have multiple engagement models. The popular engagement models include:
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Firm-fixed-price (FFP) contracts
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Firm-fixed-price (FFP) contracts provide for a pre-determined price for specific solutions, systems and/or services.
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Cost-reimbursement contracts provide for reimbursement of our direct contract costs and allocable indirect costs, plus a fee. This type of contract is generally used when uncertainties involved in contract performance do not permit costs to be estimated with sufficient accuracy to use a fixed-price contract.
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Time-and-materials (T&M) contracts
Time-and-materials (T&M) contracts typically provide for negotiated fixed hourly rates for specified categories of direct effort plus reimbursement of other direct costs. This type of contract is generally used when there is uncertainty of the extent or duration of the work to be performed at the time of contract award or it is not possible to anticipate costs with any reasonable degree of confidence.
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Fixed-price-level-of-effort (FP-LOE) contracts
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Fixed-price-level-of-effort (FP-LOE) contracts are substantially similar to T&M contracts except they require a specified level of effort over a stated period of time on work that can be stated only in general terms. This type of contract is generally used when MarketBuilders is required to perform an investigation or study in a specific research and development area and to provide a report showing the results achieved based on the level of effort. Payment is based on the effort expended rather than the results achieved.
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