Design and Construction Services is a reimbursable department providing project management services to construction projects. A Project Management Fee (PM fee) is charged to generate funding to pay for expenses. This fee is based on a percentage of the total project cost minus the PM fees.
Project Management Fee by Percentage
Total Project Cost | Project Management Fee |
$50,000 - $100,000 | 5.00% |
$100,001 - $250,000 | 4.50% |
$250,001 - $1,000,000 | 4.00% |
$1,000,001 - $5,000,000 | 3.50% |
$5,000,001 - $10,000,000 | 2.50% |
$10,000,001 - $20,000,000 | 2.00% |
$20,000,001 and up | 1.50% |
The fees will be charged incrementally to the projects at strategic milestones, minimally during design, construction, and at the completion of the project.