Please advise. I have hunted through numerous resources and can’t seem to get a clear answer on this.
If an architect is basing his fee on percentage of construction cost, does that percentage include the amount for contingency? For example, if a project’s construction cost is estimated to be around $1 million, with a contingency of $25k, but the scope of work changes so the construction cost is less, would the architect’s revised fee take into consideration the 25k when calculating his fee?
Any sample problems you can provide are greatly appreciated. Thank you.
Please sign in to leave a comment.