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