This is a rough estimate of time and costs for creating this project. Please note that this number is not a final total. Client’s final total will be based on the number of revisions, hours utilized and actual costs of assets. Any costs predicted to exceed this estimate will be agreed to by Client and Tag Grafx and will be billed at Standard Hourly Rate. US postage & 3rd party delivery is not guaranteed nor is Tag Grafx liable for.
This proposal is binding upon Tag Grafx and Client. Project won’t begin until proposal is approved, signed off on, and outlined deposit under “Schedule of Payment” is accepted unless otherwise agreed upon. This amount serves as a down payment for the project. It is applied directly to the total cost of the project. The information contained in this proposal is valid for thirty (30) days.
Standard Hourly Rate: Tag Grafx will bill each full hour worked at a seventy-five dollar ($75) USD per hour rate.
Billing for Actual Hours Worked: Tag Grafx will bill Client for actual hours worked on the project.
Billing for Additional Assets: Client will approve purchases for all Additional Assets (stock photos, videos, hosting, domains, copywriting, printing, shipping, materials, etc.). Tag Grafx will include these items in the final invoice.
Billable Items: In addition to the fees and costs estimated herein, wherever applicable, state and local sales taxes will be included in Billable Items.
Overtime: Fees quoted are based upon work performed during the course of regular working hours from Monday through Friday, 9am to 5pm, 40-hour weeks. Overtime, rush, holiday, vacation and weekend work necessitated by Client’s directive is billed in addition to the fees quoted at one hundred and twenty-five ($125) per hour or a mutually agreed upon fee to-be-decided (TBD will be used as this acronym here on in).
Grant of Rights: Upon receipt of full payment, Tag Grafx grants to the Client electronic and non-electronic rights.
Reservation of Rights: All rights, except Work Files (Work Files will be defined as original files such as Illustrator, Photoshop, Indesign, Quark Xpress, etc.), will be transferred to Client immediately after receiving final payment for the project. If payment is not received in full, Tag Grafx will retain all rights to the Work and Work Files. A buyout would have to be agreed upon to release Work Files since they hold trade secrets.
Fee for Rights: Client agrees to pay the amount TBD for the usage rights granted based on 3 tiers - local, national, and international. Amount increases based on audience size and is TBD.
Additional Usage: If Client wishes to make any additional uses of the Work, Client agrees to seek permission from Tag Grafx and make such payments as are agreed to between the parties at that time.
Alteration: Client shall not make or permit any alterations, whether by adding or removing material from the Work, without the permission of Tag Grafx. Alterations shall be deemed to include the addition of any illustrations, photographs, sound, text, or computerized effects.
Releases: The Client agrees to indemnify and hold harmless Tag Grafx against any and all claims, costs, and expenses, including attorney’s fees, due to uses for which no release was requested, uses that exceed the uses allowed pursuant to a release, or uses based on alterations not allowed pursuant to paragraph titled “Alteration”.
Change Orders: There will be a set point in the schedule for Client to make a reasonable amount of revisions. All revisions will be discussed thoroughly between Tag Grafx and Client to make sure that they are in-scope. Any out-of-scope changes will be estimated at the Tag Grafx's Standard Hourly Rate. Additional work and changes requested after approvals or commencement of work will require estimate for additional costs and change to work schedules/project completion timeframe. Client’s signature or written approval is required on Change Orders to proceed with changes/additions.
Payment Terms: Final payment due ten (10) days from issuance of invoice. A one and one half (1.5%) monthly service charge will be billed against late payments. Grant of copyright is conditioned upon receipt of final payment, and upon Client's compliance with the terms of this agreement. Client agrees to pay all collections & attorney fees incurred.
Cancellation Fees: Client and Tag Grafx may terminate project based upon mutually agreeable terms to be determined in writing, either prior to signing of this proposal or within the final Client-Tag Grafx contract. In the event of Cancellation, Tag Grafx will be compensated for services performed through the date of cancellation at the Standard Hourly Rate and any Additional Assets approved. Upon cancellation all rights to the materials revert to the Tag Grafx. If the deposit is more than this cost deducted, any remaining amount will be sent back to the Client within ten (10) days.
Purchasing: All purchases made on Client’s behalf will be billed to Client. Charges for sales tax, postage, 3rd party vendors, and shipping and handling are additional to the price of each purchase. In the event Client purchases materials, services, or any items other than those specified by Tag Grafx, Tag Grafx is not liable for the cost, quality, workmanship, condition, or appearance of such items.
Credit: Credit, unless otherwise agreed, Tag Grafx shall be accorded a credit line on all websites they designed, optimized, or marketed. If Client wants to remove Tag Grafx’s credit line, Client agree to pay corresponding fee based on business’s target audience - local fee is one hundred and twenty-five dollars ($125), national fee is two hundred and fifty dollars ($250), or international fee is five hundred dollars ($500).