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Complex projects
occasionally arise that require large amounts of engineering time
for concept preparation, review, design, development, prototype
construction and testing. In such instances a project, for a
fee, may be proposed as a non-recurring engineering expense.
The conduct of such
projects identifies and isolates these costs as opposed to including
them within the quotation for an end product. With an approved
concept, a bill of materials can be prepared that leads to a
relatively accurate estimation of the product's cost and its
price. The company and the client are thus spared the associated
risks of under or over estimations.
Typically, the assigned
project engineer travels to the client's site, meets with
appropriate personnel, observes, measures, exchanges views and
ideas. Consensus is obtained on the project's objectives and
approaches to the solution of the problems that gave rise to the
project. The engineer returns to the shop and prepares conceptual
drawings for review, modification and approval. The fixed fee
includes a standard engineering billing rate and related travel
expenses. Alum-A-Lift is the only known company in its
business that provides this service.
Projects have been
successfully conducted on behalf of such organizations as Lawrence
Livermore Laboratories, Hewlett Packard, Lockheed, Raytheon, Intel,
Texas Instruments and Sikorsky to mention a sampling. |