I am hiring an architect as both architect and maitre d’oeuvre for a property I am restoring. However, I am not quite sure I understand the contract and wonder whether anyone can give me a steer.
The contract sets out a budget, which is rather higher than I had expected (um, twice what I expected), and states the remuneration as a percentage of the budget.
I’m not sure whether that means the architect gets the fee thus calculated whether or not the money is spent, or whether this is at this stage a ‘best guess’ and the fee will be calculated on the outcome? I have read through the documentation several times but I must be missing something.