Re: Structuring payment schedule based on doc deliverables

Subject: Re: Structuring payment schedule based on doc deliverables
From: "Tracy Boyington" <tracy_boyington -at- okcareertech -dot- org>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Mon, 12 Mar 2001 09:03:19 -0600

We pay our contractors on a structured schedule, but it's weighted more heavily toward the first draft... I think they invoice for 60%, or even more, when they turn in the first draft. When you're dealing with different discrete "chunks" of a project, I find it's easier to break up the billing according to the chunks. For example, the writer I'm working with now might turn in a first draft of unit 5 today, an "intermediate draft" of unit 4 the next day, and a finished draft of unit 1 the day after that. So our payment schedule is broken down according to unit.

====================================================
Tracy Boyington tracy_boyington -at- okcareertech -dot- org
Oklahoma Department of Career & Technology Education
Stillwater, OK http://www.okcareertech.org/cimc
====================================================

>>> Johanna <chazjo -at- magma -dot- ca> 03/09/01 04:05PM >>>
A fellow freelancer
suggested the following payment schedule:

Start of project - 20%
Installation manual draft - 20%
User guide draft - 20%
Installation manual final - 20%
Installation manual final - 20%

The problem I have with this is that I often work on
documents concurrently and will get the client to
begin reviewing before I am finished with the "draft".
Does anyone else have suggestions?


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