Design fees
Design fees
(OP)
Hi I have been ask to design and draft a dye line. It's a total new design based on a polyester dye line I build some years ago. They are looking for me to design and draft the new line. So I would be giving them a complete set of drawings for my new design.
My question is how to come up with a fee to charge.
Thanks
David





RE: Design fees
I would charge for hours spent on the patents, and hours figuring out the original design, plus the actual hours you spend designing and drafting the new line at whatever your rate is.
Remember you have intellectual property, that you can only charge for while they ,do not, know how you do it.
Once you give them that drawing set, you have no more leverage.
B.E.
The good engineer does not need to memorize every formula; he just needs to know where he can find them when he needs them. Old professor
RE: Design fees
> Is the contract cost-plus or fixed fee?
> Do you have records of your original design cost?
> Are there firm specifications and acceptance criteria?
> What are contractual requirements?
TTFN
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RE: Design fees
Thanks again
David Garrett
RE: Design fees
What about a monthly retainer fee???
RE: Design fees
If so for how long.
Thanks again
David
RE: Design fees
Cheers
Greg Locock
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