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Guidewire is a recurring revenue software company as it sells term licenses. The company also sells its software as a service on a subscription revenue basis.
Other costs and pricing are added, such as overhead, profit, sales or use taxes, payment and performance bonds, escalation, and contingency. [31] The costs which are applied to the line-item quantities may come from a cost book (either internal or external) or cost database. For construction contractors or construction managers it is important ...