My client and I are closing my current hourly rate contract and starting a new one based on a fixed price. However, the articles I write have two different prices, depending on length. If the client puts a single milestone based on 2 long articles or 3 short articles and I end up not doing that full amount, isnt it still going to make him approve the whole amount? That is why I am thinking he could make more than one amount, and I would pick whichever one applies. Does a client have that option?
Solved! Go to Solution.
No, the client escrows a specific amount for the milestone. But, he/she is not forced to actually pay that much. If the client escrows the amount for a long article and that piece ends up to be a shorter one, you can adjust the amount requested when submitting the work and the client can release a lesser amount. What's left will stay in escrow to be applied to the next milestone, or can be refunded if you've reached the end of your project.