Fee Structure

FEE STRUCTURE

Epichem undertakes a wide variety of custom syntheses for its clients ranging from simple preparations which are well reported in the literature to extremely complex, difficult and even highly speculative syntheses with no literature precedence. Epichem has different pricing models to match the various levels of uncertainty inherent in a
particular synthesis.

 

 1. Fixed Fee
In a fixed fee quote, Epichem offers a fixed amount of material at a fixed price. This model provides the greatest degree of certainty for clients as they know precisely how much material they will receive and how much it will cost. Epichem may provide fixed fee quotes when the synthesis is relatively simple with good literature precedence.

 

2. Batch Pricing
In a batch pricing quote, Epichem offers to undertake a particular process or syntheses on a specified scale for a fixed price. A batch pricing quote provides an estimate of the amount of material produced, but the actual amount could be more or less depending upon how well the chemistry works. The same fixed fee will apply. Batch pricing is used for relatively simple processes but where the cost of reagents or starting materials is unusually high and/or the expected yield of the reaction cannot be predicted. This model provides the client with certainty in the cost, but the client accepts a risk in the quantity of material received.

 

3. FTE Pricing
The FTE (Full Time Equivalent) pricing model is primarily used for large research projects or syntheses which are either very long or involve problematic chemistry with poor literature precedence. The client pays for the chemists’ time spent on the project. This pricing model is ideal for longer term research projects where the deliverables may change or new deliverables added during the course of the project at the client’s request. FTE projects are very flexible with regular reporting to the client on the progress of their project. FTE projects spanning a calendar month are invoiced on a monthly basis at the end of each calendar month. FTE rates vary depending on the minimum length the client commits to. Daily and weekly FTE rates are based on 8hrs and 40hrs of the chemist’s time respectively. Monthly and yearly FTE rates are based on a calendar month and year respectively. FTE charges are calculated on a pro-rata basis if they complete at an odd interval (e.g. 1.4 months). Both monthly and yearly FTE rates include pro-rata leave entitlements. Please contact us on info@epichem.com.au for a full list of Terms and Conditions.

 

If you would like to learn more about our services, discuss specific research, or receive a project proposal, please contact us or email info@epichem.com.au.