Learn English through practical dialogues focused on negotiating rates and contracts. This conversation between Sarah and Alex covers key phrases for discussing pricing, payment terms, and contract details, perfect for improving your business English skills.
Sarah: Hi Alex, thanks for meeting me today to discuss the project.
Alex: Hi Sarah, no problem at all. I'm excited to work together.
Sarah: Great! So, let's talk about the rates. What are you thinking?
Alex: Well, I've done some research, and I believe my skills and experience justify a rate of $50 per hour.
Sarah: Hmm, that's a bit higher than what I had in mind. How about we compromise at $45 per hour?
Alex: I understand your budget constraints, but I also want to ensure that my work is valued properly. How about we meet in the middle at $47.50 per hour?
Sarah: Okay, I think we can work with that. Now, let's discuss the payment terms. I usually pay half upfront and the remaining balance upon project completion. Does that work for you?
Alex: That sounds fair to me. Could we also include a clause in the contract about any additional expenses being reimbursed?
Sarah: Of course, that's standard practice. I'll make sure it's included.
Alex: Perfect. Is there anything else we need to discuss before finalizing the contract?
Sarah: Just one thing. How do you prefer to receive payments?
Alex: I prefer direct bank transfers, if that's convenient for you.
Sarah: That works for me. I'll make a note of it.
Alex: Excellent. I think we've covered everything. When can I expect to receive the contract for review?
Sarah: I'll send it over by the end of the day. Once you've had a chance to review it, we can discuss any revisions before finalizing.
Alex: Sounds like a plan. Thanks, Sarah. I'm looking forward to getting started on this project.
Sarah: Likewise, Alex. It's been a pleasure negotiating with you.
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