Construction Cost: The cost of construction includes the cost of the construction of the building, site improvements, and all fixed and installed equipment. It does not include Furniture, Fixtures & Equipment (FF&E), testing, surveys, permits, land cost, studies, contingencies, or A&E fees.
PROJECT TYPES:
PROJECT TYPES:
Group A - MORE THAN AVERAGE COMPLEXITY PROJECTS: New complex stand-alone facilities such as residential,commercial,special purpose classrooms, laboratory classrooms, libraries, auditoriums, and food service facilities.
Group B - AVERAGE COMPLEXITY PROJECTS: Total facilities such as new elementary schools, middle schools, high schools, or large additions to existing facilities.
Group C - LESS THAN AVERAGE COMPLEXITY PROJECTS: New less complex stand-alone facilities such as warehouses, maintenance facilities, bus barns, offices, and storage facilities or any repetitive design use of a facility.
Group D - REPAIRS AND RENOVATIONS: Miscellaneous repairs and renovations, alterations to facilities, code corrective work or upgrades, system replacements, etc.
FEE GUIDELINE MULTIPLIER
Construction Cost: | Group A | Group B | Group C | Group D |
Rs 0 to Rs 10,00,000 | 8.8% | 7.9% | 7.2% | 8.9% |
Rs 10,00,000 to Rs 40,00,000 | 7.8% - 8.8% | 7.2% - 7.9% | 6.6% - 7.2% | 8.3% - 8.9% |
Rs 40,00,000 to Rs 1,00,00,000 | 7.2% - 7.8% | 6.7% - 7.2% | 6.2% - 6.6% | 7.8% - 8.3% |
Rs 1,00,00,000 to Rs 4,00,00,000 | 6.3% - 7.2% | 6.0% - 6.7% | 5.7% - 6.2% | 7.2% - 7.8% |
Rs 4,00,00,000 to Rs 10,00,00,000 | 6.0% - 6.3% | 5.5% - 6.0% | 5.3% - 5.7% | 6.8% - 7.2% |
Rs 10,00,00,000 to Rs 20,00,00,000 | 5.5% - 6.0% | 5.5% - 6.0% | 5.0% - 5.3% | 5.7% - 6.8% |
Rs 20,00,00,000 and above | 5.5% - 6.0% | 5.5% - 6.0% | 4.3% to 5.0% | Up to 6.0% |
FEE FORMULA:
Estimated Construction Cost _____________ x Multiplier ______ % = Fee