Cost of design work
Cost of design work
(OP)
Greetings,
I am doing a small civil site works project on the side and I want to give the developer a price for the engineering design work. I remember (vaguely)that there exists a "rule of thumb" that states: that the engineering component of the overall project (until the project is complete) is approximately 5-10% of the total cost(generally speaking). If anybody has more insight into this matter I would appreciate their assistance.
Thanks!
I am doing a small civil site works project on the side and I want to give the developer a price for the engineering design work. I remember (vaguely)that there exists a "rule of thumb" that states: that the engineering component of the overall project (until the project is complete) is approximately 5-10% of the total cost(generally speaking). If anybody has more insight into this matter I would appreciate their assistance.
Thanks!
RE: Cost of design work
See http://www.apegm.mb.ca/keydocs/cguide/index.html that is the guide to the engagement of a consulting engineer and it lists some suggested fee structures including a sliding scale based on the complexity of a project and the cost.
Its published by the Manitoba (Canada) association in conjunction with the local consulting engineering association.
Other associations might have similar documents.
Rick Kitson MBA P.Eng
Construction Project Management
From conception to completion
www.kitsonengineering.com
RE: Cost of design work
Add to this the cost for owners representation and site inspection ,which runs 2-3% typically.
Third party (Classification society) plan approval and Survey may run in the order of an additional 1-2%.
Rgds,
R. K. Kimmons and Associates, L.L.C.
Marine and Offshore Technical Services
Email: rkkimmons@att.com
RE: Cost of design work
Could you supply some more information as to what the development is? This will give us the chance to give better guidance.
regards
sc
RE: Cost of design work