albo - 11:17 pm on Sep 1, 2011 (gmt 0)
Very very good. Extra points for including explicit coverage for the client saying, partway through, "we need to add [or change] such-and-such..."
I don't know how or whether to include it, but, would you make it explicit that "consulting time" is NOT free? Some of my clients have considered ALL time spent in meetings to be free of charge and separate from costs, during and after. Meetings/consultations are both essential to the project and involve a substantial element of time spent throughout.