Page 17 - A-client-guide-to-working-with-a-SAIA-architect
P. 17

The
    architect’s

    fee
                     Project cost-based fee


                     This is the most conventional method for calculating an architect’s fee and is calculated as a percentage
                     of the overall cost of the project. A project cost-based fee is appropriate when there is a well-defined
                     scope of services that will be required. The calculation of such fees is initially based on the budget
                     for the project and is adjusted to be based on the final project cost. This offers both the client and
                     architect the assurance that the fee will reflect the scope and size of the completed project. There is no
                     prescribed average cost-based fee.









                      17   A client’s guide to working with an architect  |  South African Institute of Architects  |  The architect’s fee
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