Professional Identity Magazine – Sarah Perkins | Page 18

2.3 - Schedule of Fees Enclosure C Schedule of Designers Fees Project: The Ageless Playhouse Please find below the fees and expenses for the work undertaken by the designers for this project. Please refer to Enclosure A (Schedule of interior design services) and Enclosure B (Programme of work). Hourly rates : 37 weeks (37.5hrs p/w) Lead Designer (L) : £75/hour Junior Designer (J): £55/hour Director (D): £100/hour Stage 1 = 12 wks (60 working days) 30% of time = 135 hrs L - 135(hrs) x 70 = £9,450 J - 112.5(hrs) x 55 = £6187.5 D - 10(hrs) x 100 = £1000 Total = £16,637.5 Stage 2 = 10 wks (50 working days) 50% of time = 187.5hrs L - 187.5 (hrs) x 70 = £13,125 J - 95(hrs) x 55 = £5225 D - 5 (hrs) x 100 = £500 Total = £18,850 Stage 3 = 8 wks (40 working days) 70% of time = 210 hrs L - 210(hrs) x 70 = £14700 J - 150 (hrs) x 55 = £8,250 D - 4(hrs) x 100 = £400 Total = £23,350 Stage 4 = 8 wks (40 working days) 80% of time = 240 hrs L - 240(hrs) x 70 = £16,800 J - 150(hrs) x 55 = £8250 D - 4(hrs) x 100 = £400 Total = £25,450 Stage 5 = 4 wks (20 working days) 10% of time = 15 hrs L - 15(hrs) x 70 = £1,050 J - 7.5(hrs) x 55 = £412.5 D - 1(hrs) x 100 = £100 Total = £1,562.5 Subtotal = £85,850 +10% (£8,585) Total Fee = £94,435 Above is a break down calculation of costings for the design services. Please note, a 10% management fee has been added to the overall cost. Additional Expenses: The expenses and disbursements will be an additional charge to the above fee: - All travel expenses (45p per mile under 10,000 miles) and 25p (above 10,000) - Material samples and prototyping Should any further work need to be carried out that is not stated in the contract, a charge of £60/hr for the Lead designer and £45/hr for the Juinor designer will be administrated. Please see below the cost for printing: A4 A3 A2 A1 A0 B/W 6p 12p £5 £7 £10 Colour 12p 30p £7 £10 £12 14 ............................. Signature of Designer .......................... Signature of Client