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In an interior design contract, a number of stipulations are spelled out. The contract clearly lays out the scope of the project and the responsibilities of the interior designer, and it establishes deadlines for various stages of the project. Interior design contracts also include a discussion of the fees involved, including an explanation of the estimate for the project, and the types of expenses which may arise while the project is completed. Contracts Format: The Designer earns payment for different aspects of a contract: Design Fees, Project Co-ordination Fees, and retaining any trade discount when purchasing items for the client. The designer may pass on some discount, usually up to 10%. However this is entirely at the discretion of the designer. Output Interior Design Agreement 1. Agreement:
Includes: Date, Client Company Name, Designer Name.
Whereas the project/work is described as follows: Work/project, location, duration.
3. Payment Schedule:
The payment professional fee charge is of Rs. 100/sq ft.
Note: 1. Non refundable Twenty percent (20%) of the estimated
contract cost, upon approval of the Estimated Project Cost.
2. Fifty Percent (50%) of the estimated contract cost, at the start of
the project construction.
4. Final Payments:
Payments due dates. Both the designer and client reach to an agreement. both parties will have to sign it and each will keep a copy of the contract.
Once this step is over, the development of the project begins. Interior Design Contracts Done By: Nisreen Hamadi
Yasmin T.Notivoli The goal of an interior design contract is to make sure that both parties have a clear understanding of the expectations of the other party. It also acts as insurance in the event that the project goes sour, and outlines responsibilities of all parties. The contract may also discuss the use of subcontractors and consultants, and spell out special concerns like ecologically friendly sourcing of materials or the use of hypoallergenic materials in the design scheme Types of Legal Contracts Client agreement - the agreement you use between yourself and your clients
Photography and publication agreement - if not included in the client agreement
Supplier agreement - the agreement you use between yourself and your suppliers, typically product suppliers
Commission agreement - the agreement you use between yourself and your suppliers when they are paid a commission for supply of certain products
Subcontractor agreement - the agreement you use between yourself and any subcontractors you hire
Employment agreement - the agreement you use between yourself and any employees
Lease agreement - the agreement you use to lease your workspace Part I—The Schedule
1. Solicitation/Contract Form
2. Supplies or Services & Prices or Costs
4. Packaging & Marking
5. Inspection & Acceptance
6. Deliveries or Performance
7. Contract Administration Data
8. Special Contract Requirements
1. Contract Clauses
Part III—List of Documents, Exhibits, & Other Attachments
1. List of Attachments
Part IV—Representations & Instructions
1. Representations, Certifications, & Other Statements
2. Instructions, Conditions, & Notices to Offerors or Quoters
3. Evaluation Factors for Award Fee Basis This is a thorny issue. In 2008 Members of the then British Interior Design Association had a discussion about methods of charging which only served to confirm that there are almost as many ways of arriving at a fee as there are design practices. However the following is a breakdown of the most frequently encountered methods: 1. An hourly rate. The designer will keep a time sheet for each project and on it will be recorded what was done and when. A limit to the number of hours may be agreed beforehand so that a client can anticipate the likely cost.
2. A fixed fee basis. An experienced designer will probably have a reasonably good idea of the amount of time needed for certain aspects and can use this knowledge to arrive at a fixed fee agreement with the client. However, when fixed fees are involved it is essential that the contract states exactly what is and what is not included.
3. A percentage basis. This is more commonly applied when the designer is to act as a Project Co-ordinator and is anything from 15% - 20% of the total contract cost.