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Bidding and staying on budget question
I’m just finishing up a project that taught me some valuable lessons. It was a “stand there and talk” seminar-style video. When we bid on the project, we did so by estimating how long it would take to shoot, edit, create graphics, author the DVD and make dubs. Then we padded a few hours of “oops” time just in case. The whole thing should have taken about 4 weeks from the first shot to the DVD dubs arriving at the door. It’s been 4 months and we are finally finishing up.
Here’s the catch: The bid was given and the idea was that if it went under the estimate, the client payed less accordingly. If it went over, we ate the cost and the client payed the price bid. Now I know this wasn’t the best way to go about it, but we wanted to stand behind our work and our bid. As a result, the client took advantage of that and we had to re-edit several times. Most of the editing was cleaning up his “UMM’s” and “UHH’s” and he licked his lips often between sentences which he wanted removed.
Is it a bad move to include some sort of clause stating something to the effect of, “We will re-edit our mistakes for free, but the client’s mistakes cost money”? I think the mistake was made when we guaranteed a price cap, but how do we keep actual price on target with the quoted price? Is it as easy as making a realistic quote and sticking to that quote? How do you tell clients where the line is between reasonable free edits and rediculous edits the client should pay for?
It’s not like we underestimated the time it would take, we jusst didn’t count on a client that was so fussy about such stupid things. How do you guys handle this sort of thing? Any help would be great.
Thanks!
JP Driscoll