Standard Professional Fees & Contracts Flashcards
Consultation fees
Minimum __/hour to max __/hour or a lumpsum of ____ per day (__ working hrs)
P500
P1,500
P10,000
8 hrs
75 sqm project
Min of ____ per unit or ___ per sqm
P50,000
P1,000
76 sqm to 300 sqm
Min of ___ per major room or max of _____ per house
P50,000
P300,000
301sqm and above
Min of _____ per sqm to max of ____ per sqm
P400
P800
Repetitive work
Full payment for 1 unit
Percentage for succeeding units
Renovation
Min of ____ per unit or ____ per sqm, plus ____ for unforseen addt works
P50,000
P1,000
10% contingency fees
Percentage basis
___ of the budgetary cost for implementation
10-15%
Schedule of fees Acceptance fees - Schematic design phase - Design devt phase - Contract doc and coordination phase - Construction phase -
10% 20% 35% 20% 15%
Contract for professional services shall be executed in pursuance with pertinent provision of ____ promulgated on ____ and of ____ on the _____ issued on _____
RA 8534 Feb 23 1998 PD 49 Protection of intellectual property Nov 14 1972
The interior designer’s obligation to provide basic services under the agreement will terminate when final payment to contractors or suppliers are paid, or __ days after the date of substantial completion of work, whichever occurs first
30 days
All reimbursable expenses shall be billed ___ at cost plus a __ service charge
Monthly
10%
For international travel
Principal: ___/day
Associates and staff: ___/day
$200
$100
For domestic travel
Principal: ___/day
Associates and staff: ___/day
P2,000
P1,000
Invoices shall be paid within ____ upon requisition. An interest of __ monthly shall be charged on payment overdue more than ___ from the date of requisition
2 weeks
2%
14 working days
Should the designer be terminated at no fault, he shall be compensated for the services performed prior to the receipt of the notice bldg including ___ of the remaining balance of the fee
10%
