Doing Business

Our Approach to Pricing

Martin Company takes pride in providing excellent quality at a competitive price. Our billing rates are comparable with the hourly cost of our customers’ own professional staffs. Our goal is to attract the best people possible, pay them competitive salaries, and still offer their services at an attractive rate to our customers. Ideally, Martin Company employees operate as an extension of the customer’s engineering team, providing additional professional depth for the duration of the project.

• Time and Material Projects – Our engineering projects are normally done on a time and material basis. Long experience has shown this to be the most cost-effective way to successfully manage and complete custom engineering projects. It avoids the speculation often involved in a fixed-price approach and allows the most efficient use of budget resources as design specifications evolve. We email customers project status reports as often as they are needed, and our monthly invoices provide detailed and reliable feedback on project status and cost.
• Fixed-Price Projects – We can provide a fixed-price quote for the production phase of projects based on approved specifications and a tested design. Martin Company employs outside production companies for high-quantity production runs. We can purchase the components, do the testing of the finished product, and oversee the production even when an outside production company is used.