FAQ
Q: Posted Projects Terms, Details and Definitions
A:
Project Term- The Project Term is the duration (length) of the Project listing, which is set when a Service Buyer posts a new Project. A Project Term is required for all types including Freelance, Part-Time, Full-Time and Commission listings.
Contract Term- The Contract Term specifies the duration of the services provided by the Service Provider. The Term of the Contract can be open ended for a Part-Time, Full-Time and Commission Project. The Freelance project listing category requires a deadline specified in the Project Listing.
Project Deadline- The date when all Project deliverable are due. The importance of the deadline varies based on the Service Buyer requirements. The importance of meeting specified time-lines should be discussed between the Service Buyer and Service Provider prior to the commencement of a Project.
Negotiation Phase- This is the period of negotiation between a Service Buyer and Service Provider(s) prior to the finalization, budget and acceptance of a bid. The Negotiation Phase will involve discussion on Project terms, expectations, reporting requirements and milestones for a successful transaction.
Basic Project- A Basic Project is a RFP (invitation to bid) on a specific, time-line oriented task. The Service Provider can submit a Proposal (bid) based on an hourly estimate or final fee for project completion.
Featured Project- A project type that gains additional exposure and Service Provider interest by being displayed in the top of the category.
Hide Bid Details- When a Service Buyer posts a Project that conceals both Service Provider identities and Bid details. Hide Project Details can be useful in negotiating a lower Bid from the Service Provider as well as increasing Service Buyer privacy.
A:
Project Term- The Project Term is the duration (length) of the Project listing, which is set when a Service Buyer posts a new Project. A Project Term is required for all types including Freelance, Part-Time, Full-Time and Commission listings.
Contract Term- The Contract Term specifies the duration of the services provided by the Service Provider. The Term of the Contract can be open ended for a Part-Time, Full-Time and Commission Project. The Freelance project listing category requires a deadline specified in the Project Listing.
Project Deadline- The date when all Project deliverable are due. The importance of the deadline varies based on the Service Buyer requirements. The importance of meeting specified time-lines should be discussed between the Service Buyer and Service Provider prior to the commencement of a Project.
Negotiation Phase- This is the period of negotiation between a Service Buyer and Service Provider(s) prior to the finalization, budget and acceptance of a bid. The Negotiation Phase will involve discussion on Project terms, expectations, reporting requirements and milestones for a successful transaction.
Basic Project- A Basic Project is a RFP (invitation to bid) on a specific, time-line oriented task. The Service Provider can submit a Proposal (bid) based on an hourly estimate or final fee for project completion.
Featured Project- A project type that gains additional exposure and Service Provider interest by being displayed in the top of the category.
Hide Bid Details- When a Service Buyer posts a Project that conceals both Service Provider identities and Bid details. Hide Project Details can be useful in negotiating a lower Bid from the Service Provider as well as increasing Service Buyer privacy.
