Milestone Policy Last update 5 months ago

Effective Date: 01/01/2024

Welcome to Gotlancer! Our Milestone Policy outlines the procedures and guidelines for using milestones in projects on our platform. By accessing or using the Gotlancer website and mobile applications (collectively referred to as the "Platform"), you agree to comply with this Milestone Policy.

1. Purpose of Milestones

a. Segmented Payments:

  • Milestones allow for the segmentation of project payments, providing a structured approach to project completion.

b. Security for Users:

  • The Milestone system enhances security by holding funds in escrow until each project phase is successfully completed.

2. Creating and Managing Milestones

a. Setting Milestones:

  • Employers are encouraged to set clear and achievable milestones based on project requirements. Milestones should represent significant stages of project completion.

b. Milestone Approval:

  • Freelancers must agree to and approve each milestone before starting the associated project phase.

c. Milestone Adjustments:

  • Milestones can be adjusted during the project collaboration based on mutual agreement between employers and freelancers.

3. Releasing Funds from Escrow

a. Successful Completion:

  • Employers can release funds from escrow for each successfully completed milestone.

b. Dispute Resolution:

  • In the event of a dispute, the release of funds from escrow may be subject to the resolution of the dispute through Gotlancer's dispute resolution process.

4. Milestone Disputes and Resolutions

a. Dispute Initiation:

  • Either party may initiate a dispute related to a milestone if there is a disagreement about its completion.

b. Dispute Resolution:

  • Gotlancer provides a dispute resolution process to mediate and find a fair solution for both employers and freelancers in the case of a milestone-related dispute.

5. Changes to Milestone Policy

Gotlancer reserves the right to update or modify this Milestone Policy at any time without prior notice. Any changes will be effective immediately upon posting on the Gotlancer website.

By using the Gotlancer platform, you acknowledge and agree to comply with this Milestone Policy. If you have any questions or concerns, please contact us at payments@gotlancer.com.

Thank you for using Gotlancer and being part of a collaborative and secure freelancing community!