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The Elance Fixed Price Work Guarantee

Admin
posted this on March 18, 2010 10:29 am

What is it?

  • The Elance Fixed Price Work Guarantee ensures that clients pay only for work received and contractors get paid for work delivered and accepted. 
  • Contractors can start work with the guarantee that the funds are available in Escrow.
  • Clients are guaranteed that they will be able to inspect work delivered before they release funds from Escrow.
  • In the event of a dispute over the work, Elance will assist both parties in finding a resolution to the dispute before funds are released to either party. 

 

How do I qualify for the Elance Fixed Price Work Guarantee as a CONTRACTOR?

  • Set up the job as fixed price with Escrow
  • Define or accept one or more milestones that can be funded by the client.
  • Start work on a milestone when your client has funded Escrow.
  • Submit weekly Status Reports as the work progresses.
  • Use the Workroom to record messages.
  • Deliver all files through the Workroom or include a link to the files in the Workroom messages.
  • The contractor account must be in good standing with Elance.

 

Payments not guaranteed:

  • Miscellaneous and Bonus payments
  • Refunds

 

If there are funds in escrow and a dispute arises, Elance offers Dispute Assistance to help both parties resolve the disagreement. For more information on Elance Dispute Assistance, click here.

 

Learn about the Elance Hourly Work Guarantee.

Still have questions? Contact us..

 

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