

RIBA Standard Fees
Fees calculated are all based from the document entitled Fee calculation, negotiation and management for architects under RIBA. Our fees aim to produce realistic prices based on the markets current affairs accurately assessing the time and resources required to complete each projects. Taking in to account the market and its risks judging how it may affect our fee pricing. We also reflect in our prices the value we place on our work.
Collection of Fees
Invoices must be collected promptly from client in order to keep control of our working capital. If fees are collected promptly this will also accelerate our working capital per annum. However too quick of a turnover in fees could result in late taxes which will incur fines for the business. Admin will monitor this system in order to keep on top of fee collection.
Projects with Fees
Project Performance
The following graph displays the amount projects cost against the project fee received by the business.

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DISCLAIMER: This is a student project based at Nottingham Trent University. All content is part of an undergraduate project to create an imaginary business in 2021, and is entirely fictitious. All use of material from other sources is fully acknowledged, and no part of this site is intended as the basis for a real company or for the offer of any professional services.