Fees Architect
architects fee structures typically based on percentage of construction value, rate per unit area of proposed construction, hourly rates or fixed lump sum fee. combinations of these structures common. fixed fees based on project s allocated construction cost , can range between 4 , 12% of new construction cost, commercial , institutional projects, depending on project s size , complexity. residential projects range 12 20%. renovation projects typically command higher percentages, high 15-20%.
overall billings architectural firms range widely, depending on location , economic climate. billings have traditionally been dependent on local economic conditions but, rapid globalization, becoming less of factor larger international firms. salaries vary, depending on experience, position within firm (staff architect, partner, or shareholder, etc.), , size , location of firm.
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