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So, what is required in a legal interior design contract? The contract is a formal agreement between you and your clients. So, providing a detailed scope of work, pricing, payment terms, mark-ups, and insurance policy is necessary. A good interior design contract will shield you from misunderstandings and chaos.
Your contract should include: An introduction to your company. A statement of work. Your purchasing and warranty terms. Your payment terms and refund and cancellation terms. A clause for outside consultants and contractors. The terms for photographs and publicity of your work. An intellectual property clause. Termination terms.
7 Must-Haves in an Interior Design Proposal Summary. Use the first section of the proposal to simply reiterate what you've heard throughout the process of discussing expectations with your client so far. ... Goals. ... Work examples. ... Scope of work. ... Client expectations. ... Total price. ... Terms.
An interior designer's percentage of project fee can range from 10% to 45%, although the average is in the 15% to 30% range. The project cost includes materials and furnishings, as well as contractor fees. You then add your design fees to this cost. A 20% to 35% mark-up on purchases and services is typical.
An interior design percentage-based fee can start as low as 10% and go as high as 45%, but an average commission fee is usually a 15% to 30% markup on the total cost for furnishings, contractor management, and materials costs.