The Royal Institute of British Architects has worked closely with RIBA Chartered Practices to develop an online tool to help architects calculate and generate a resource-based fee calculation for their clients and projects.
The RIBA Fee Calculator has now launched in 'beta' - this means we are still making improvements and updates based on live feedback from our users. Members from RIBA Chartered Practices will be invited to enter their practice details, including company overheads and staff salaries, then have the ability to create fee calculations aligned to the stages of the RIBA Plan of Work.
For architects, the RIBA Fee Calculator will outline the real business costs of delivering services to clients, and applying appropriate project mark-ups and profit, based on the business and commercial requirements of your practice.
Once a fee calculation is approved by your client, the data can be exported into RIBA Contracts Digital, saving you time and effort when creating and customising your professional services contract.
Join us for a free CPD webinar on Friday 25 June 2021 12pm to 1pm to find out more about the Fee Calculator, and how it enables practices to generate calculations that make financial business sense.