Bidding
Terms
The Terms step allows you to configure your proposal’s financial and project details. This includes setting rates, timelines, and payment terms.
Rate Configuration
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Rate Types
- Hourly Rate
- Set your hourly rate
- Configure rate increase settings
- Specify minimum hours
- Fixed Price
- Set project budget
- Configure milestone payments
- Define deliverables
- Hourly Rate
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Rate Increase Settings
- Frequency options:
- Never
- Monthly
- Quarterly
- Annually
- Percentage increase
- Custom percentage options
- Frequency options:
Project Timeline
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Duration Selection
- Short-term (1-3 months)
- Medium-term (3-6 months)
- Long-term (6+ months)
- Custom duration
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Milestone Configuration
- Define project phases
- Set delivery dates
- Specify payment triggers
- Outline deliverables
Payment Terms
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Payment Structure
- Upfront payment percentage
- Milestone payments
- Final payment terms
- Payment schedule
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Budget Settings
- Minimum budget requirements
- Budget multiplier options
- Custom budget calculations
- Budget range settings
Best Practices
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Rate Setting
- Research market rates
- Consider project complexity
- Factor in your experience
- Account for overhead costs
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Timeline Planning
- Be realistic about deadlines
- Include buffer time
- Consider client availability
- Plan for revisions
-
Payment Terms
- Set clear payment milestones
- Define deliverable criteria
- Include revision policies
- Specify payment methods