Obvious question...
Completed
Hello, fellow PPHs...
Am I getting confused..?
Is a FIXED PRICE project of say £70.00, the TOTAL budget on offer for the work to be completed, or is it the HOURLY RATE the project poster is happy to pay, subject to accepting your proposal??
Thanks in advance,
Confused
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Official comment
Hello Mark,
Thank you for your inquiry. I have now created a ticket to our Customer Service Department. You will soon receive a response.
Have a nice day,
Panos
Comment actions -
Hi Mark,
This is a good question. There are two methods of specifying the price, an hourly rate, or a fixed rate, and this is set when the buyer posts the project. So if they have set a fixed price, you can't quote an hourly price and vice versa. Sometimes the buyer makes a mistake and they don't realise what they have done. For example, if a project is posted at £300 per hour, it is reasonable to assume they meant a fixed price. From my understanding they have to cancel the project and repost it if they want to change the pricing method.
The difficulty is when it is the other way round. Is it a buyer trying to get the job done on the cheap or did they mean an hourly rate and they posted a fixed budget? I assume these are a low paid job and avoid them. When I first started at PPH a few years ago, the clarification questions were used a lot more and freelancers would ask if it was a fixed price or an hourly rate. Buyers posting low paid jobs would, receive a lot of hostility, and rightly so. PPH now moderate the clarification questions and protect buyers from criticism. We probably are losing some jobs from good buyers who have made a mistake when they posted a project, but personally, I don't want to get into a correspondence with someone who might be trying to employ me at 5% or 10% of a proper rate.
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