FAQ
Q: Project Budget Details, Terms and Definitions
A:
Budget- The Budget is the cost expectation set by a Service Buyer when listing a new Project on uFathom. The Service Buyer has the option to select a Price Range or Open Budget for a Project listing. The Budget set for the Project is flexible and Service Providers are permitted to Bid above or below the amount specified by the Service Buyer.
Open Budget- A Project where a Service Buyer does not specify a price range for the Project and the project is open to all bid amount.
Price Range- The Price Range is Bid amount expectation (range) set when a Service Buyer Posts a Project on uFathom. The Price Range is flexible and Service Providers are permitted to place a Proposal above or below the Price Range set for a Project.
A:
Budget- The Budget is the cost expectation set by a Service Buyer when listing a new Project on uFathom. The Service Buyer has the option to select a Price Range or Open Budget for a Project listing. The Budget set for the Project is flexible and Service Providers are permitted to Bid above or below the amount specified by the Service Buyer.
Open Budget- A Project where a Service Buyer does not specify a price range for the Project and the project is open to all bid amount.
Price Range- The Price Range is Bid amount expectation (range) set when a Service Buyer Posts a Project on uFathom. The Price Range is flexible and Service Providers are permitted to place a Proposal above or below the Price Range set for a Project.
