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Question: 1 / 400

What compensation might an Architect expect if clients request a Feasibility study?

40%

50%

60%

When clients request a feasibility study, an architect can expect compensation based on the complexity and scope of the study and the associated work involved. A fee of 60% typically reflects the significant input required in assessing the viability of a project, including site analysis, financial analysis, and design considerations. This percentage also considers the architect's expertise and the value added through their analysis and recommendations, which help clients make informed decisions regarding potential investments.

Feasibility studies require detailed research and evaluation, and the compensation aligns with the level of service being provided. The preparation may include stakeholder engagement, regulatory constraints, and potential site opportunities, all of which require professional insight. Thus, the 60% figure is consistent with industry standards for such specialized consultancy services, indicating that the architect's role in this phase is crucial for the project's future success.

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