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bullet   July 08
Mindfire wins "Best IT Unit 2008 (SME)" Award
bullet   June 08
Launch of iPhone development services
Billing
Mindfire has established various pricing, payment schedule and payment modes to suit different client and project needs.

Time and Materials
The standard time-and-materials method of work, based on Actuals. This is usually monitored through weekly timesheets and progress reports.

Time and Materials with Not-to-Exceed clause
A standard time-and-materials method, with an additional clause that price will not exceed a certain amount.

Fixed-price project
Project bids, on fixed-price fixed-time basis. Bids may be fixed on hard set of specifications, or accommodate certain level of flexibility.

Milestone-based payment schedule
During remote development, milestones-based payment schedules reinforce progress monitoring, and the evolution of firm, achievable milestones. Milestone-based payment helps you justify payment, and visible progress reduces risks.

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