Firm Fixed Price (FFP)

In the Firm Fixed Price model, JTSi comes in terms with our clients on fixed prices of project management that will not change under any circumstances. Based on the existing conditions and other factors that has to be taken into account, the client will give us a pricing model and on mutual agreement that model will be fixed for various digital projects. We will understand the clear need of the client in what the expected resultant of each project should be.

The FFP model will have charges like economic pricing, agreement change and defective pricing. No matter what changes on the due course of execution of a project the prices will not change and if at all there is a change, supplier prices changes are the only ones that will be quantified. JTSi will presume the full responsibility of maximum risks that are most likely to occur.

When there is a happening of severe modifications to be imbibed only then there will rise a need for renegotiating the contract by pushing the budget limits and other framed conditions. JTSi comes up with a concrete record of the matters to be well thought-out before presenting it to our clients so that there is no rewritings or renegotiations amidst the software development.