We do not charge anything to Employers for getting their Projects developed from MSME/ Developers, registered on this Marketplace!
Note: Future Tech Lancer has been referred to as FTL Website/ Platform, in its Websites (www.futuretechlancer.com & www.futuretechlancer.in) and Documents
Associations based on Trust, are Rewarding & Long-Lasting!
FTL has launched its Unique Free4Pay model, keeping in mind the Best Interests of both Employers and MSME/ Developers since each face challenges/ barriers to adoption, due to complex, tiered and costly remote work pricing models available in the market.
Employers and MSME/ Developers registered with FTL Website are adviced, in their own best interest, to interact solely through FTL Platform and avoid discussions/ chats using communications means, other than those provided by FTL Platform, for following reasons:
A. FTL would not be responsible for any non-fulfilment of one’s deliverables and/ or payments, in case an engagement gets connived between MSME/ Developers and Employer, by bypassing communication channels & Platform provided by FTL
B. When a Project gets awarded through FTL Platform, it binds itself into a tight, professional & all-comprehensive Tripartite Agreement, to ensure Project is delivered to Employer, to its satisfaction and, MSME/ Developers gets paid in time.
D. FTL records specific Chat interactions between Employer and MSME/ Developers, to assist either of them, should there be a dispute between the two, in the future
Therefore, “Use & not abUse, the ‘Free’dom”
FTL’s model has been designed on S3 principles:
This Feature is currently Not Available in current version of FTL Website.
There may be a situation that the person who posted a Project on behalf of his/ her Company (Employer), wants the Project Progress and interaction with MSME/ Developers, to be done by his/her colleagues or superiors. In such a case, there is a facility for this Person to Share the Project Login details with desired colleagues or superiors. On Clicking the “Share” Button, Person would be prompted to enter email IDs of such colleagues or superiors, who in turn would get auto-generated Login Credentials using which they can track Project progress or interact with interested/ shortlisted MSME/ Developers(s). Such colleagues or superiors would have full access to your Profile (& your Projects) however, would have restricted access in that they would not be able to Award a Project, Add Funds/ Deposits, Authorise Payment to MSME/ Developers, Cancel a Project etc. Share facility is basically to give allow operational access only to Employer’s Company colleagues
MSME/ Developers may choose other MSME/ Developers(s) to collaborate with him/her in completing a Large Project (Partner MSME/ Developers). This can be achieved by clicking the “Share” Button and thereafter choosing desired Partner MSME/ Developers(s)
In such a case:
MSME/ Developers has the option to Refer a Project to MSME/ Developers friend(s) on FTL, whom you think are better/ suitably qualified to undertake the Project. You will still have the option to quote for such referred Projects, at any point in time have the option to quote for such referred Projects, at any point in time.
FTL allows an Employer to reward outstanding performance of a MSME/ Developers. It is in the interest of both Employer and MSME/ Developers. While an Employer may commit to give x% additional incentive to the MSME/ Developers for performance/ attitude/ achieving Milestones/ Project in-time for its own benefit, MSME/ Developers gets the reward for his/ her professionalism
FTL has designed a flexible model for ease of both MSME/ Developers & Employer. They may mutually agree to Prepone or Postpone Delivery Timeline of a future Milestone of the Project. Employer would be required to make changes by going to “Project Description” (through “WIP Projects” Tile in “My Projects” Dashboard, or any other Link to the Project), in the FTL Platform and, Edit relevant Milestone(s). Payments to MSME/ Developers for that Milestone(s), would accordingly be executed on the revised Timelines, again based on Exclusive go-ahead from the Employer, that the revised scope, if applicable, has been delivered. Please note, Employer can effect changes by editing only future Milestones as, changes cannot be done in already executed/ delivered Milestones and the current one (under delivery).
Here again, FTL has designed a flexible model for ease of both MSME/ Developers & Employer. All possible scenarios have been explained below:
FTL follows a fair policy for each party to the Agreement/ Contract. Once selected MSME/ Developers has delivered the Project or a Milestone, Employer is required to review it and advise any changes/ modifications etc, if required, or approve it once Employer is fully satisfied. If the Employer fails to give any comment on the delivered Project or Milestone for 15 (Fifteen) Calendar days, starting from the next day of delivery of Project/ Milestone by the MSME/ Developers, to be fair to the MSME/ Developers, the associated Project/ Milestone Deposit held by FTL, would be released and transferred to the MSME/ Developers. In such a case, Employer relinquishes any right to dispute this payment/ action later
FTL has no control over FOREX conversion rates charged by different Banks/ Payment Gateways, Bank Transaction Charges (Wire Transfer etc) when Payments are made inter-country, in different currencies or on Bank charges (including intermediary Banks). Kindly refer FAQ number 20 to see applicability of Taxes etc
Please make sure you familiarize yourself with respective local laws on Work, Contracts, Taxes, Employer remote work. Since FTL website has MSME/ Developers and Employers (Registered Users) from multiple countries, it is not practically feasible for FTL to follow different laws for Users from different countries. FTL follows the laws of its Country of Incorporation, India. Both Employer and MSME/ Developers therefore, are themselves liable to know all such local laws and adhere/ abide/ comply to them.
FTL is indemnified of any infringement of respective local laws by Employer and/ or MSME/ Developers, their respective work/ conduct/ compliances. Further, FTL is also indemnified from any third party, which is not a Registered User of FTL, and gets effected, in any manner due, to non-compliance of local laws by MSME/ Developers and/ or Employer.
Yes, for the benefit of Employers, FTL offers a convenient Cancellation Policy, with Refund
FTL has designed two scenarios and interests of both MSME/ Developers and Employer have been ensured in each.
There is an easy Cancellation within 3 Calendar days of award of Project through the FTL Portal or, anytime later by sending an exclusive request by mail. The scenarios have been explained below:
On cancellation of the Project, MSME/ Developers represents and warrants that he/she/it has to hand over all material, documents, content, Source/ Object Code developed by MSME/ Developers so far or that provided by the Employer, back to the Employer. MSME/ Developers will ensure and confirm to Employer that it has deleted all files/ copies of the same in his/ her/ its laptops/ PC/ machines/ mobiles/ tablets etc, and neither MSME/ Developers nor any of its Employees or sub-contractors or Partner MSME/ Developers, holds any data related to the Project and would not use such content, data or code for any purpose later, directly or indirectly
FTL Platform is owned by Tugnait Futuristic Technologies Private Limited, a Company incorporated in India and, is committed to follow all fair and legal practices, as per Indian rules and regulations on Taxes. Prevalent rules on Indian Tax Structure is captured in the table below:
Individual/ Company Status
TDS for a MSME / Developer
GST for an Employer
Indian Resident/ Company Incorporated in India
Located Outside India
Nil * ^
When you visit “WIP Projects” and “Completed Projects” Tiles (in “My Projects” Dashboard), you will find Milestones and associated Payments/ Dates mentioned in colour codes, for your ease in understanding the stage that the Milestone/ Project is in. Colour Codes are as mentioned below please:
To assist Employers & MSME/ Developers to interact with each other, at each stage of the Project, Chat functionality has been provided, with different features/ capabilities, depending on the stage at which the Project is at.
Below is the summary of different functionalities, features and stage-wise capabilities:
FTL reserves the right to amend/ change/ edit/ delete any part or complete Terms & Conditions (and associated FAQs), at its sole discretion, without assigning any reason
However, since FTL is fair, all ongoing Projects would be completed based on the Terms and Conditions, which were prevalent and agreed-to, at the time of the Award of that Project
Please note, it may take time to update the FAQs, therefore you are also requested to kindly go through the agreed-to Terms and Conditions of the User Agreement & the Project Contract
Where-so-ever Calendar Days/ Timings are referred-to, in FTL Website, FAQs, User Agreement or Project Contract, they are as per IST (Indian Standard Time), which is UTC+05:30. Further, India currently does not observe daylight saving time (DST) or other seasonal adjustments. FTL would capture Date and Time of Start of Contract/ Project/ Milestone and other associated events (and endeavour to intimate the same, in its mails to both Employer and MSME/ Developers)