The monthly retainer agreement is the model where nonspecific dedicated resources work for you for the entire month at a fixed cost. Here you will get the flexibility of changing the resource anytime. Suppose you have some work for a month but that cannot be done by one individual. It needs knowledge of multiple technologies. So different people will work for you for a month but the total work will be as of 1 resource and payment will be for 1 resource.
Suppose you are a person or a company with technical knowledge, or you have a project manager and want to do some work done by some external resource(s) or a team with the flexibility of changing the resources in the middle of the month. In that case, this is the model you should go with.
The Monthly Retainer Agreement covers all the following that are mentioned below:
Be it website design or web and mobile application design, our efficient UI/UX team can fulfil all your designing needs satisfactorily.
The mobile application development process is engineered to give a fine shape to the mobile applications that are developed at Weavers.
No matter how big your application is or how complicated your requirements are, our web application development team has you covered.
Website development takes into account all the minute details that would be required to create a website that helps your business sales increase at a rapid rate.
Your software product goes through the perfect analysis process and it makes it double sure that the software product is free of any kind of errors.
Define the Scope of Work
We start by clearly outlining the scope of work to be provided under the retainer. Specify the services, deliverables, and any associated timelines. We try to be as detailed as possible to avoid misunderstandings later on. It’s essential to establish boundaries and clarify what falls within the scope of the retainer and what might incur additional charges.
Determine Payment Terms
We stablish the financial terms of the retainer. Specify the monthly fee or retainer amount, as well as the payment method and schedule. Then outline any conditions for adjustments in the retainer fee or billing, such as changes in the scope of work or additional services outside the agreement’s scope. Additionally, define any late payment penalties or termination clauses.
Address Communication and Reporting
We clearly articulate how communication and reporting will be managed throughout the retainer period with the client. We define the frequency and method of communication between us and our client. Specify the format and timing of progress reports, updates, and deliverables. Effective communication and transparency are key to a successful retainer relationship.
We have been able to win the hearts of our many clients through our hard work, sincerity and dedication and we look forward to gaining the same of many more such clients in the near future.
We are headquartered in Kolkata, India. Send us your message and we shall get back to you soon.