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Steps to Create the Contract Letter of Proposal. Once you understand the scope of the project you will send your client a Letter of Proposal. ... Handshake. A simple handshake is not legally binding and provides no legal protection at all. ... Letter of Intent. ... Letter of Agreement. ... Architect-Prepared Contract. ... Contract Documents.
Minimum Contract Contents A description of the project for which the client is seeking services. A description of the services to be provided by the architect to the client. A description of any basis of compensation applicable to the contract and the method of payment agreed upon by both parties.
The Institute recommends that the architect and the client have a signed, written agreement that, as a minimum, clearly defines the services to be provided and the fees to be paid. This agreement should be entered into before the architect commences work on a project.
Industry standards for residential projects have architectural fees that range between 8% and 20% of construction cost (which is different than the overall project cost). Architects will often have a range of fees associated with ranges of project budgets, project sizes, project types, or scope of services.
The basic elements that should be addressed in an agreement between an owner and architect include (1) the owner's objectives for the project, (2) the architect's scope of services and a description of the drawings or other deliverables the architect is to furnish; (3) the fees to be paid for providing those services ...