Architectural Review Asia Pacific

FINANCE Calculating fees – part two Working out the appropriate fees to charge clients

When it comes to making decisions on which projects to accept, working out the appropriate fee isn’t the only consideration. There are a few other factors that will help determine whether a practice should accept a commission or not. Architects are traditionally not good at saying no to projects, irrespective of the risk…

Ask any architect what topics are top of mind, however, and invariably fee discounting will be up there. It’s an ever present and ever evolving issue. Once a practice has worked out its break-even point (), there are several other stages that need to be worked through. Once these are addressed, settling on an appropriate fee to charge clients should be much more considered and empirical. The ACA Time Cost Calculator requires each practice to individually consider a range of variables to assist in finally determining a fee. It should be noted that these variables are unique to each

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