Late clause in development contract?

[snowman67]

I am writing an RFQ for a software to support my alternativecanc er.us web site and need to add a late clause. I haven’t seen any, but I was thinking of a 1% penalty for the first week late and adding 1% to the penalty every week so if not delivered until after the second week the penalty is 2%…. Has anybody seen any late penalties in a development contract? If so, how was the penalty structured? I expect the development of this software to take three weeks.

[MMcCarthy]

I am writing an RFQ for a software to support my alternativecanc er.us web site and need to add a late clause. I haven’t seen any, but I was thinking of a 1% penalty for the first week late and adding 1% to the penalty every week so if not delivered until after the second week the penalty is 2%…. Has anybody seen any late penalties in a development contract? If so, how was the penalty structured? I expect the development of this software to take three weeks.

snowman

Welcome to theScripts. I'll have to move this thread to the Techie Talk forum as we only allow non technical threads in the cafe. I know this isn't strictly technical but it comes under the same umbrella.

I'm moving it to the Techie Talk forum and hopefully you will get some response there.

ADMIN

[developercat]

We are almost a decade and a half out from when this question was posted.

Late clauses are the norm and from someone that has had to sub contract out a lot of work in the past. It's a good to have a fee per day, or a % of contract value. Tier the penalties. Ask for credits for certain aspects of the projects, for core stuff financial penalties are better.

Do this all in good faith. Success of the project is what's important. There is inherent risk to all projects, share the ups and downs.

😼