Fee Guidelines for Engineering Services Table Of Contents - APEGBC

Contents
Table of Contents
Foreword
Section A
Section B
Section C
Table 1
Table 2
Table 3
Table 4
Print
Print this Section
Go To...
Articles for Clients
Home ¤
Help ?
Exit ➠
Fee Guidelines for Engineering Services
• bad debts
• administrative salaries (accountants, clerks, receptionists, librarians)
• secretaries whose time is not directly billable to client projects
• non-billable time by professional and technical staff in updating procedures,
attending technical seminars, research and development, and other
activities not billable to projects
• business development
Overhead costs vary according to the size of operation, location of office and
the nature of services provided. These costs are typically approximately equal
to the payroll costs (salary + fringe benefits) incurred by staff engaged on
the assignment.
Profit
The remaining balance, after direct costs and overhead costs are deducted
from total revenue, represents the before-tax, before-dividend and beforebonus
profit. The level of profit on a specific project should reflect the consultant's
exposure to risk on the project. The client should expect competent
and efficient services at a fee that provides an appropriate profit to the
consultant.
➤
Previous Page
Next Page ➤