RedTeam Go Bracket Price Increase FAQs
Get all your questions answered about RedTeam Go’s latest bracket price increase below.
What product and/or service is increasing?
The RedTeam Go subscription fee is increasing 10%.
How much is the price increasing?
The RedTeam Go Bracket fees are increasing 10% for each bracket.
When does the price increase take effect?
The RedTeam Go Bracket fee increase is effective January 1, 2025.
When was the last price increase?
RedTeam Go Bracket fees have remained constant 7 years since the last increase January 1, 2018.
How much was the last price increase?
The RedTeam Go Bracket fee last increased 5% effective January 1, 2018.
Why is the price increasing?
RedTeam Go Bracket fee is increasing to better align with industry standards and sustain our commitment to service and innovation.
What improvements have been made?
There have been many RedTeam Go improvements and enhancements such as Project Documents, Contract Management, Budgeting and Accounting Integrations to name just a few.
Is the bracket price increase based on my anniversary date or calendar date?
The RedTeam Go bracket price increase is based on the calendar date January 1.
Do project values in the current year carry over to the next year?
The projects are only charged once in the year they are moved forward in-progress. The projects and positive change orders may remain active across year(s), but are not charged again in the next year(s).
Are projects bid, but not awarded included in my bracket value?
Projects bid, but not awarded do not count toward your bracket or fee. Only awarded projects moved in progress and positive change orders affect your bracket and fee.
Can I change my bracket?
Yes, you may change your bracket each January 1 by emailing accounting@redteam.com. Bracket change requests must be received before January 15 and are effective with the January 25 invoice.
How should I budget for bracket fee increases?
RedTeam Go advises clients to include $1 per $1000 of contract value in each bid as well as in positive change orders. That will include the cost of the RedTeam Go project management tool like all other job-related costs. As projects are awarded, the cost is covered in the project.
How is the bracket fee calculated?
Each bracket has a fee associated with it based on 1/10th of one percent or easily thought of as $1 per $1000 of project value. The bracket is determined by the annual project value awarded and moved in-progress as well as positive change orders in the calendar year.
What bracket is my company currently in?
You may contact your CSM or email accounting@redteam.com to request your current bracket.
Does my RedTeam Go subscription automatically renew?
The RedTeam Go subscription automatically renews each anniversary date unless you provide 60 days advance notice. Your CSM will contact your organization approximately 90 days in advance as a reminder.
Who do I contact if I do not know my Client Success Manager (CSM) email?
If you do not know your CSM email, please email success@redteam.com.