{"id":11665,"date":"2018-06-04T21:29:56","date_gmt":"2018-06-04T21:29:56","guid":{"rendered":"https:\/\/examchum.uk\/?p=11665"},"modified":"2019-02-07T23:26:55","modified_gmt":"2019-02-07T23:26:55","slug":"fee-calculation-methods","status":"publish","type":"post","link":"https:\/\/examchum.uk\/landscape-architecture\/fee-calculation-methods\/","title":{"rendered":"Fee Calculation Methods"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\n\n

LANDSCAPE ARCHITECT<\/strong><\/p>\n<\/td>\n

\n

CLIENT<\/strong><\/p>\n<\/td>\n<\/tr>\n

Method<\/strong><\/td>\nDescription<\/strong><\/td>\nBest used<\/strong><\/td>\nAdvantages<\/strong><\/td>\nDisadvantages<\/strong><\/td>\nAdvantages<\/strong><\/td>\nDisadvantages<\/strong><\/td>\n<\/tr>\n
LUMP SUM<\/strong><\/td>\n\n

– Fees calculated for a total sum of money for a clearly defined package of services and payable in agreed stages<\/p>\n

– Can be revised at agreed intervals in accordance with Average Earnings Index<\/td>\n

\n

– Where the scope of works can be clearly defined from the outset but where there is no firm project cost<\/p>\n

– Parameters of services must be clearly set out (time, project size, cost) so that if they are varied more than agreed amount, the lump sum is also varied.<\/p>\n

# Unwise to agree for LS without provision of variation.<\/p>\n

# Time charges often used for variations<\/td>\n

\n

– Knows exactly what he\u2019s going to be paid<\/p>\n

– The limit of spent is known<\/td>\n

– A risk, if anything goes wrong the practice may lose money yet have no justification for revision of the sum unless variations are agreed with the client.<\/td>\n\n

– Cost control<\/p>\n

– The limit of spent is known<\/td>\n

<\/td>\n<\/tr>\n
PERCENTAGE<\/strong><\/td>\n\n

– % of the total construction cost<\/p>\n

– establish provided services, approx. budget and nature of work first<\/td>\n

– For straightforward landscape design and construction projects, when the construction cost\/budget is known.<\/td>\n\n

– No complicated calculations for fee tendering<\/p>\n

– If the budget\/tender price is high, the consultant will achieve a high fee<\/td>\n

\n

– It\u2019s based on a calculated budget for landscaping which might not reflect correctly the value of works required from LA<\/p>\n

– Vulnerable to market forces<\/p>\n

– If tender figure lower than estimate, the consultant loses<\/p>\n

– No flexibility<\/td>\n

– Cost control<\/td>\n– Doesn\u2019t know if he\u2019s paid for the respective amount of work the consultant is involved in<\/td>\n<\/tr>\n
TIME CHARGE<\/strong><\/td>\n\n

Charging all time reasonably expended by relevant personnel on the performance of the services required for the project (incl travel time) at agreed rates.<\/p>\n

Rates can be revised at agreed intervals in accordance with Average Earnings Index.<\/td>\n

\n

– Where the scope of works cannot reasonably be foreseen<\/p>\n

– Where services cannot be related to the amount of landscape construction costs<\/p>\n

-Best practice would be to agree a figure with the Client that is not to be exceeded.<\/td>\n

\n

– Freedom of charging according to time spent on job<\/p>\n

– Paid for all the hours worked on the project, incl work not anticipated at the outset or abortive work<\/td>\n

<\/td>\n\n

– Faster response to a short timescale<\/p>\n

– Pays only for the work done<\/td>\n

\n

– No cost control<\/p>\n

– Open-ended with uncertainty regarding the total financial commitment until the job is complete<\/p>\n

– May seem that LA has no incentive to work efficiently<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

The main fee calculation methods frequently used by landscape architects are lump sum, percentage and time charges.<\/p>\n","protected":false},"author":1,"featured_media":11051,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153,11],"tags":[313,286,197,198,279,308],"yoast_head":"\nFee Calculation Methods - ExamChum<\/title>\n<meta name=\"description\" content=\"The main fee calculation methods are described in the table below and the are: lump sum, percentage and time charge.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/examchum.uk\/landscape-architecture\/fee-calculation-methods\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fee Calculation Methods - ExamChum\" \/>\n<meta property=\"og:description\" content=\"The main fee calculation methods are described in the table below and the are: lump sum, percentage and time charge.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/examchum.uk\/landscape-architecture\/fee-calculation-methods\/\" \/>\n<meta property=\"og:site_name\" content=\"ExamChum\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ExamChum\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-04T21:29:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-02-07T23:26:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/2E1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jefe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ExamChum\" \/>\n<meta name=\"twitter:site\" content=\"@ExamChum\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jefe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/fee-calculation-methods\/\",\"url\":\"https:\/\/examchum.uk\/landscape-architecture\/fee-calculation-methods\/\",\"name\":\"Fee Calculation Methods - 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