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The two most popular ways architects get paid for their services are:
1) Hourly.
The hourly rate is determined by the company, the type of project, the negotiation power and skil of the architect.
2) Lump sum.
This is a total payment for the project. Architects must be careful with the preliminary estimate. It is not unusual at project close out the resources spent to outweight the estimates.
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What is the difference between payment for work done and an honorarium?
What is difference between payment for honorarium
What is the definition of certificate of final completion?
Upon the architect's satisfactory final inspection and favorable review of the contractor's final payment request, the architect will issue a certificate indicating that the final payment is due. This constitutes the architect's certificate of final completion. Although it is referred to as the final payment, there is usually at least one more payment to release the retainage required by most contracts. If any sums had been temporarily held back to guarantee completion of punch list work, they would be certified for payment when that work is satisfactorily completed.According to the AIA general conditions, the contractor must submit a number of documents as a condition precedent to the final payment. These consist generally of proof that construction bills have been paid from previous payments, that specified insurance is in effect and will be renewable, consent of surety (if any) to the final payment, and data providing lien indemnification. Although the architect will usually facilitate the collection of these documents from the contractor, it is the owner's responsibility to engage legal and accounting consultation to review their adequacy.
What retirement plans do architect get?
Depends on where they work. An architect may work for a company, they may work for themselves, or for a government agency. No one answer.
How do you ask a family member to pay you when you work for them without being rude?
Loyalty and love for the family member can and does at times hinder us in asking for payment for work done, if such an agreement was made. If no agreement was made then no such payment can be expected, unless they family member is inclined to recognise the worth of the work you have done. They then may pay you according to their finding as to what work was done is valued at.If no agreement was made, then you may have to humbe yourself and perhaps ask if they would consider paying you for the work done.
What is the meaning of day rate salary?
Day rate salary is the payment done to an employee by the employer for ones one day work. This depends on the amount of work one does in a day. If one does work for more number of hours a day then more the payment is and if one does work for less number of hours a day, less is the payment.
Can i the contractor take off the work done for failure to make payment?
The contractor can not damage any property. However, you should pay your contractor, he can sue you for non payment.
Do a payment?
''Doing a payment'' is to express completing a payment. '' payment is done '' means it has been completed.
What promotions are available to an architect?
to be good to be good done by cuku
What are the expectations of being an Architect?
be at work on time
What do you called in people that work in architecture?
An Architect
What is the life expectancy for an architect?
According to a mortality study done from Switzerland the life expectancy for an architect is 75.7. A career as a teacher has a rate of 62.5.
What does the work day of an architect involve?
The work day of an architect will involve working on designs and blueprints. They may attend meetings or go out to the field and meet with clients.
