ESTIMATES, WORKING BUDGETS+ OVERAGES

APPROVED ESTIMATES

By the time your are handed a job by your Executive Producer an estimate will have been approved by the client. The estimate will have been created on CIMS and have a unique Creative Blood Job number e.g CB12345. Please use this job number on all communication throughout the job and ensure that it’s detailed on all supplier invoices, along with the correct job name.

WORKING BUDGET

Your Exec Producer will share a ‘Working Budget’ as a google doc with you when handing the project over to you. Creative Blood asks that you keep this up to date throughout the project, this is non-negotiable. Not only will it will help you keep track of any costs you are spending and identify if you are likely to go over budget on any specific line items, it’s also point of reference for your Exec Producer should they need to see the status of a job at any given time.

OVERAGES

If when working on the project it looks like the costs are going to change, you must always get written approval of the revised costs from the client before proceeding. This includes:

• If line items change, and you need to apportion the budget differently than originally intended, but not ask for additional funds.

• If the actual costs look like they are going to exceed the estimated costs.

Under no circumstances should you spend your clients money without their prior written approval.

Please detail any overages in the ‘CB OVERAGES’ tab on your working budget / client recon.