WHAT ARE THE STAGES OF PAYMENT OF FEES TO AN ARCHITECT IN INDIA?
The Architect shall be paid Professional fees in the following Stages, consistent with the work done:
CLIENTS BRIEF:
CLIENTS BRIEF:
On appointment and signing of Agreement –
Rs 20,000/- or 5% of total fees payable, adjustable at the last stage, based on the Rough estimate of cost.
CONCEPT DESIGN:
Rs 20,000/- or 5% of total fees payable, adjustable at the last stage, based on the Rough estimate of cost.
CONCEPT DESIGN:
On submitting Conceptual designs and Rough estimate –
10% of total fees payable, based on the Rough estimate of Cost.
PRELIMINARY DESIGN & DRAWING :
10% of total fees payable, based on the Rough estimate of Cost.
PRELIMINARY DESIGN & DRAWING :
On submitting the required Preliminary Scheme for the Client’s approval along with the Preliminary Estimate of cost –
20% of total fees payable, less payment already made, based on Preliminary estimate of cost
DRAWINGS FOR CLIENTS / STATUTORY APPROVALS:
20% of total fees payable, less payment already made, based on Preliminary estimate of cost
DRAWINGS FOR CLIENTS / STATUTORY APPROVALS:
On incorporating Clients suggestions and submitting drawings for approval from the Client/Statutory Bodies –
35% of total fees payable, less payment already made, based on Preliminary estimate of cost.
WORKING DRAWINGS AND TENDER DOCUMENTS :
35% of total fees payable, less payment already made, based on Preliminary estimate of cost.
WORKING DRAWINGS AND TENDER DOCUMENTS :
On preparation of working drawings, specifications, schedule of quantities, estimate, and tender documents –
45% of total fees payable, less payment already made, based on Preliminary estimate of cost.
APPOINTMENT OF CONTRACTORS :
45% of total fees payable, less payment already made, based on Preliminary estimate of cost.
APPOINTMENT OF CONTRACTORS :
On inviting, receiving and analyzing tenders and advising the Client on appointment of Contractors -
55% of the total fees payable, less payment already made, based on accepted Tender cost.
CONSTRUCTION:
55% of the total fees payable, less payment already made, based on accepted Tender cost.
CONSTRUCTION:
On submitting Working Drawings and details required for commencement of Work at site
65% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 20% of work at site:
70% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 40% of work at site:
75% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 60% of work at site:
80% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 80% of work at site:
85% of total fees payable, less payment already made, based on accepted Tender cost.
- On Virtual Completion of work at site:
90% of total fees payable, less payment already made, based on accepted Tender cost.
COMPLETION :
On submitting Completion Report and drawings for the project required in obtaining Completion / Occupation Certificate from Statutory Authorities and on issue of as-built drawings
100% of total fees payable, less Retainer & payment already made, based on Actual total cost.
65% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 20% of work at site:
70% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 40% of work at site:
75% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 60% of work at site:
80% of total fees payable, less payment already made, based on accepted Tender cost.
- On completion of 80% of work at site:
85% of total fees payable, less payment already made, based on accepted Tender cost.
- On Virtual Completion of work at site:
90% of total fees payable, less payment already made, based on accepted Tender cost.
COMPLETION :
On submitting Completion Report and drawings for the project required in obtaining Completion / Occupation Certificate from Statutory Authorities and on issue of as-built drawings
100% of total fees payable, less Retainer & payment already made, based on Actual total cost.
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