They “unilaterally” killed the contract, is there a “kill fee”? If so, send them a bill. If you want to do business with them, then you have to start over and go through the process again.
There are some clients that are not worth having, they cost you more than they are worth, the hard part is determining that BEFORE you sign on the dotted line, and then make no profit on a job, and in the worst case scenario it actually costs you money.
Bids are VERY dangerous, as there is NO opportunity to get “overages” unless it’s stipulated in the contract. Be very careful about “versions” as you can go broke in post by the “client” never being happy with the cut. Spell out, exactly what you are delivering, any included changes, and everthing after that is to be billed “time and materials”
If you are signing a contract that you have NO input in, you are in a very poor negotiating position, they have spent the time covering their behind, and making sure any and all liability is on your head, not theirs. Read it carefully and consult an attorney if there is ANY language you don’t understand, do not go back to the client for clarification as “verbal” interpretations are not binding and you will be held to the written contract.
If you have to sign quickly, and they will not give you the time to have an attorney review it for you, they are screwing you and you should consider walking away.
Good luck,
M
Malcolm
http://www.malcolmproductions.com