FORMSTEAD / PROJECT PRICING

Build only what your product needs.

Project-based work is structured around the actual needs of the product, from early strategy and industrial design to engineering, prototyping and manufacturing support.

Project-based work is structured around the actual needs of the product, from early strategy and industrial design to engineering, prototyping and manufacturing support.

01 — HOW PROJECT-BASED WORKS

01 — HOW PROJECT-BASED WORKS

A clear scope before the work begins.

Every project is defined around the product, its complexity and the level of development required. Before starting, Formstead defines the scope, deliverables, timeline and project fee.

Use only the stages you need. Add more development when the product requires it.

02 — THE FOUR DEVELOPMENT STAGES

02 — THE FOUR DEVELOPMENT STAGES

The development path, shaped around your product.

The development path, shaped around your product.

01

01

Product Strategy

Product Strategy

Starting at $1,500

Starting at $1,500

Define what to build, who it is for and where it should sit in the market before design begins.

Define what to build, who it is for and where it should sit in the market before design begins.

Market Research · User Research · Product Definition · Design Strategy · Product Roadmap

02

02

Industrial Design

Industrial Design

Starting at $3,500

Starting at $3,500

Turn the product direction into a clear, distinctive and manufacturable physical design.

Turn the product direction into a clear, distinctive and manufacturable physical design.

Concept Development · Industrial Design · CMF Design · CAD · Visualization

03

03

Engineering & Prototyping

Engineering & Prototyping

Starting at $6,000

Starting at $6,000

Develop and test the technical details required to move the design toward a production-ready product.

Develop and test the technical details required to move the design toward a production-ready product.

Mechanical Engineering · Design for Manufacturing · Prototyping · Testing & Validation · Technical Documentation

Engineering and prototyping scope can vary significantly depending on product complexity, number of parts, mechanisms, electronics and testing requirements. This is a starting point, not a fixed total.

Engineering and prototyping scope can vary significantly depending on product complexity, number of parts, mechanisms, electronics and testing requirements. This is a starting point, not a fixed total.

04

04

Manufacturing Support

Manufacturing Support

Starting at $4,000

Starting at $4,000

Support the transition from finished development into manufacturing and production.

Support the transition from finished development into manufacturing and production.

Supplier Sourcing · Manufacturer Liaison · Production Review · Tooling Support · Quality Control · Production Optimization

Manufacturing support can extend over a longer period depending on tooling, supplier coordination, production issues and the number of refinement cycles required. This is a starting point, not a fixed total.

Manufacturing support can extend over a longer period depending on tooling, supplier coordination, production issues and the number of refinement cycles required. This is a starting point, not a fixed total.

03 — MODULAR PROJECT LOGIC

03 — MODULAR PROJECT LOGIC

Start where you are. Add only what the product needs.

Start where you are. Add only what the product needs.

Already have engineering in-house?

Use Product Strategy and Industrial Design only.

Starting with an early product idea?

Build the project through design, engineering and prototyping.

Need support getting into production?

Add Manufacturing Support when the product reaches that stage.

04 — WHAT DETERMINES THE FINAL PRICE

04 — WHAT DETERMINES THE FINAL PRICE

Every product carries a different level of work.

Final pricing reflects product complexity, number of parts, design directions, CAD and technical development, mechanisms or electronics, prototyping and testing requirements, revision cycles and manufacturing support required.

All prices shown are starting points.

Final project pricing is defined after reviewing the product, current development stage, required deliverables and technical complexity. Prototype manufacturing, tooling and third-party production costs are quoted separately unless specifically included in the project scope.

05 — WHY THIS MODEL

05 — WHY THIS MODEL

One project. The right amount of development.

Instead of forcing every product into the same package, Formstead builds the scope around what is already done, what is missing and how far the product needs to go.

06 — NEXT STEP

Tell us where the product is now.

Tell us where the product is now.

Share the product, current stage and what you need. We’ll define the right scope and provide a clear project quote before work begins.

Share the product, current stage and what you need. We’ll define the right scope and provide a clear project quote before work begins.