Bridging the Gap: Design Competitions and Public Preference in Architecture
Azure Magazine
NOVEMBER 29, 2023
Consider, for example, a competition for a public monument with a construction value of $3 million, and a standard seven per cent fee of $210,000, leaving very little to finish the design details and construction administration. So, even if you are fortunate enough to be selected as the winner, you are likely to lose money in its execution.
Let's personalize your content