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Institute issues indicative hourly rates for members

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riba news

The riba has listened to its membership and come up with a set of indicative hourly rates to go with its indicative percentage fee scales.

Director general Alex Reid is set to present the paper explaining the figures at council, stressing that the rates include normal office costs but do not include vat, travel and the production of additional copies of drawings and reports. They have been left free of definitions for ease of use. It proved 'impractical' to incorporate regional variations in the rates - that is left for individual members to apply if they see fit.

To be published as 'Guidance for Clients', the rates, which will take effect from January next year and be revised every year, result from discussions with and visits to member practices and further deliberations via Ribanet. Reid will ask council to approve the guide's publication.

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