Standard Engagement Terms
1. Services
Builtapps provides custom software development, business automation, and support services. Each project is governed by a specific Statement of Work (SOW) defining the scope, timeline, and deliverables.
2. Intellectual Property
Upon full payment of all fees, the ownership of the custom source code and associated intellectual property is transferred to the Client. We retain the right to use generic libraries and internal frameworks developed prior to or during the engagement.
3. Payment Terms
Standard payment terms are 14 days from the date of invoice. We typically work on a milestone-based billing schedule for new projects.
4. Limitation of Liability
Our liability is limited to the amount paid for the specific service or project phase giving rise to the claim.
5. Governing Law
These terms are governed by the laws of Sri Lanka, with any disputes handled through arbitration or the courts of Colombo, unless otherwise agreed in a specific client contract.