Skip navigation

Monthly Archives: March 2013

This post discusses grant-writing consultants’ fees for such services as creating funding development plans or devising project evaluation plans. It is part of an ongoing series. Earlier posts discussed retainer fees and prospect research fees. Later posts will explore other topics related to the compensation of grant writers and to consulting.

 

Fixed Fee Assignments:

Beyond stating hourly rates, per proposal rates, retainer fees, and proposal review fees, some grant writing consultants also publish cost information on other services. The most frequently encountered are rates for fixed fee assignments for private sector prospect research and/or private sector proposal development. The costs range from $2,000 to $6,000 for finding 3 to 5 grant leads and/or writing 3 to 5 proposals to from $4,500 to $7,000 for finding 10 grant leads and/or writing 10 proposals.

 

 

Minimum

Services

Maximum

Services

Consultant 1

$2,000

4 grant proposals

$4,500

10 grant proposals

Consultant 2

$6,000

5 best sources

$7,000

10 best sources

Consultant 3

$5,500

5 most promising funders

$6,500

10 most promising funders

Consultant 4

$4,500

3 private sector proposals

$6,000

10 private sector proposals

Consultant 5

$6,000

Proposals to 5 best sources

$7,000

Proposals to 10 best sources

 

Funding Development Plans:

Fewer grant-writing consultants also offer to create funding development plans for clients. This category of services varies greatly in terms of its specifications and conditions. Almost invariably, the consultants indicate that their resulting plans will be ‘comprehensive’ and that actual costs will reflect the scope and detail of each assignment. Quoted fees range from as little as $160 to as much as $10,000.

 

 

Minimum

Maximum

Services

Consultant 1

$3,000

$10,000

Create comprehensive funding development program
Consultant 2

$160

$800

Create plan for seeking funding. Analyze fundability of client’s program/project.
Consultant 3

$2,800

Unstated

Identify and prioritize client’s comprehensive funding needs, goals, and initiatives.

 

Grant Writing Workshops:

Still fewer consultants offer workshops for grant-related staff development. Perhaps one reason for the infrequency of such services is that they compete directly with associations of non-profits, universities, the Grantsmanship Center,  the Foundation Center, and other providers of workshops and courses. The consultants’ workshops last one or two days. They range in cost from $400 (plus expenses) to $4,000.

 

Other Services:

The smallest number of consultants highlights other specialized services for clients. One such service is proposal planning, the fee for which starts at $3,000. Another service is creating an evaluation plan for a proposal yet to be submitted, the fee for which ranges from $3,000 to $6,000.

 

Advertisements

This post discusses grant-writing consultants’ proposal revision, review, and critique fees. It is part of an ongoing series. Earlier posts discussed hourly rates and flat rates (also called per-proposal rates or per-project rates), prospect research fees, and retainer fees. Later posts will explore grant writing workshop fees and other similar topics.

 

Proposal Reviews and Revisions:

At times, potential clients may already have a grant proposal available in a more or less inchoate form. Consultants may offer to proofread and edit a preliminary or pre-existing proposal rather than insist that they write it from its inception. They also may offer to play the role of third-party technical reviewers before a draft or a revision is made final. Consultants may furnish critiques of such proposals and may suggest how to improve them. Alternatively, they may contract both to provide a critique and to revise or rewrite a proposal entirely.

 

Consultants vary the rates they charge to critique, edit, and revise proposals based upon such factors as the proposal’s length and the complexity of its subject or focus. They may offer to charge for services up to a pre-determined not-to-exceed amount and/or to provide review and revision services for a minimum flat fee. Some consultants accept such assignments on a case-by-case basis and do not publish specialized rate schedules for such services.

 

Sample Review and Revision Rates:

As the table below indicates, fixed rates for review and revision, as quoted on consultants’ websites, may range from $150 to $2,000 per proposal reviewed. The most costly consultants charge a minimum of $2,000 (10 hours at $200 per hour) for each proposal they critique.  Such rates, if specified, often approach what the same consultants will charge per hour for developing a brand new proposal from start to finish.

 

Retainers Minimum Maximum
Consultant/Firm A $150 $300
Consultant/Firm B $480 $1,200
Consultant/Firm C $500 $1,500
Consultant/Firm D $1,750 Unstated
Consultant/Firm E $2,000 Unstated
Consultant/Firm F $60/hour Unstated
Consultant/Firm G $125/hour Unstated

 

This post discusses grant-writing consultants’ retainer fees. It is part of an ongoing series. Earlier posts discussed hourly rates and flat rates (also called per-proposal rates or per-project rates) and prospect research fees. Later posts will explore proposal review fees and other topics related to the compensation of grant writers and to consulting.

 

Consultant Retainer Fees:

Many consultants are willing to work under a retainer agreement for a small subset of select clients. Retainers work well when there is a steady flow of work and when the client and the consultant have a long-term relationship.

 

The client and the consultant both benefit from the predictability of the retainer arrangement. A typical retainer commits both parties to a specified minimum number of hours of service per month and a specified number of months the agreement is to be in effect. Often the minimum number of hours is 10 hours per month and the minimum number of months is either 3 or 6.

 

Services agreed upon in the retainer will depend upon the specific contract. Among such services may be one or more of:

  • Providing advisory and consulting services
  • Participating in planning sessions with client staff
  • Conducting presentations to client staff
  • Doing grant prospect research
  • Providing grant opportunity alerts
  • Preparing a set number of letters of inquiry per month
  • Providing assistance in proposal development
  • Developing a set number of proposals per month

 

Sample Retainers:

As the table below indicates, a retainer fee may cost as little as $750 per month or as much as $9,000 per month. Calculated on a quarterly basis, these extremes equate to a fee range of $2,250 to $27,000; on a yearly basis, they equate to a fee range of $9,000 to $108,000.

 

Retainers

Minimum

Maximum

Consultant/Firm A

$750/month

Unstated

Consultant/Firm B

$1,000/month

$2,000/month

Consultant/Firm C

$1,000/month

$2,000/month

Consultant/Firm D

$1,000/month

Unstated

Consultant/Firm E

$1,250/month

$5,500/month

Consultant/Firm F

$3,000/month

Unstated

Consultant/Firm G

$3,000/month

$5,000/month

Consultant/Firm H

$5,000/month

$9,000/month

 

This post discusses grant-writing consultants’ prospect research fees in 2013. It is part of an ongoing series. An earlier post discussed hourly rates and flat rates (also called per-proposal rates or per-project rates). Later posts will explore retainer fees and other topics related to the compensation of grant writers and consulting.

 

Prospect Research Fees:

Consultants often do prospect research for client grant-seekers. If the client can set some of the research’s parameters ahead of time (e.g., search terms, funding type, beneficiaries, grant award range), the search for potential funders is apt to be that much more efficient and less costly. Consultants may adjust their prospect research fees based upon:

  • The extensiveness and scope of the search for potential funders
  • The nature of the project concept
  • The amount of the anticipated budget request
  • The size of the client’s organization

 

At the search’s end, consultants may deliver to clients a detailed and prioritized list of possible grant sources; an analysis of the chances of obtaining grants from each source; and a plan for what to do next to pursue grants from the best prospects.

 

Sample Fees:

As the table indicates, consultants’ charges for prospect research services vary widely. They range from $300 to $4,000 per funding report, and vary with its nature, scope, and complexity. The ultimate cost of such searches may observe a pre-established not-to-exceed amount. Evaluations of identified grant leads, held on-site or conducted remotely with a client, may be charged at rates from $50 to $175 or more per hour.

 

Research Fees

Minimum

Maximum

Consultant/Firm A

$300

$400

Consultant/Firm B

$480

$2,880

Consultant/Firm C

$500

$500

Consultant/Firm D

$500

$1,000

Consultant/Firm E

$500

Unstated

Consultant/Firm F

$1,500

$3,500

Consultant/Firm G

$2,000

$4,000

Consultant/Firm H

$2,500

$4,500

Consultant/Firm I

$3,500

Unstated

Consultant/Firm J

$50/hour

Unstated

Consultant/Firm K

$60/hour

Unstated

 

%d bloggers like this: