Fixed price doubt

[maximianoleonr]

Hi,

I have a question about fixed price jobs, not how the fixed price payment works, but the jobs themselves and how to deal with them. Since I'm new to Upwork I tried to find a similar question to mine, but did not find it, so please forgive me if there is another thread alike.

Okay, let's say some job is offering a fixed price of $20 USD, this means the client would pay those entire $20 USD to the freelancer (not more not less), or the freelancer can offer a lower/higher bid? Is it bad to bid lower or higher than the fixed price budget?

Thank you.

[reinierb · Accepted solution]

You can bid whatever amount you think the job is worth to you, but bear in mind that upwork will take 20% of this amount for billings under $500. 

It often happens that clients hire people who bid above the stated amount/budget. If you bid higher than $20 the worst that can happen is that the client won't hire you; if you bid less than $20 the client still may not hire you, so bid an amount that you feel comfortable with. 

[maximianoleonr]

Thank you for the response and suggestions! Will make a good use of them.