I think this is linked to the wrong blog post. http://30sleeps.com/blog/2007/09/27/set-your-hourly-rate/ http://30sleeps.com/blog/2007/09/27/set-your-hourly-ra

I think this is linked to the wrong blog post. http://30sleeps.com/blog/2007/09/27/set-your-hourly-rate/ http://30sleeps.com/blog/2007/09/27/set-your-hourly-rate/ goes better with the title. As someone who was just asked to bid on a fixed price contract, I agree with his comments. It is really unnerving to estimate exactly how much time it will take, especially if it is something you have never done before. Tripling your estimate is a great strategy, but you also don't want to price yourself out of the contract (at least I don't). Work hasn't exactly been pouring in lately.