| Basic Contract and Design Fee Structure Options 2006 |
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Residential: hourly contract option |
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Residential: cost plus percentage option |
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Commercial and hospitality |
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| Flat design fee based on $8.00 per square foot plus 8% supervision fees (assumes no purchasing). Billable expenses net plus 10% on direct project expenses | |||
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Hourly and consultation fees |
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Product Design |
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| Flat fee for initial designs based on product, plus royalty percentage on all gross sales for a specified period of time. For household items the royalties are 3% of gross sales for five years. Flat fee minimum is $10,000.00 and increases with the size and range of product line. | |||
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