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How is Design Fee defined in a legal contract?

• Design Fee means the lump sum, excluding specific values, paid to the service provider for performing the Design Work as listed in a specific [schedule]. This sum may be adjusted by any Fee Adjustment pertinent to the Design Fee.
  Seen in 4 SEC filings
• Design Fee means an amount that covers all costs and expenses incurred by the service provider and/or its Subconsultants in the performance of Design Services.
  Seen in 3 SEC filings
• Design Fee means the firm fixed price, excluding specific values, for preparing Construction Documents. This amount is established in the Project Development Plan to provide specified services listed in a particular [section] of the Design and Construction Contract.
  Seen in 2 SEC filings
• Design Fee means the fees set forth in an [appendix] for providing website development services.
  Seen in 2 SEC filings
• Design Fee means the dollar amount specified in a specific [appendix]. This fee serves as compensation for the Design Work if the contract terminates before the Construction Amendment Effective Date, as described in a specific [section].
  Seen in 2 SEC filings
• Design Fee means collectively, any fees incurred by the service provider from time to time with respect to architectural and design services related to the Project. The Design Fee is a part of the Cost of the Work.
  Seen in 1 SEC filing

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Design Fee means a specified, adjustable lump sum for performing Design Work.

Relevant Contract Types

• Design-Build Contract
• Architectural Services Contract
• Web Development Services Agreement
• Consulting Services Agreement

Relevant Circumstances

• Hiring of an architecture or design company for project design
• Building construction where design services are required
• Engaging in web development services
• Consulting projects involving design characteristics

Relevant Sectors

• Construction
• Architecture
• Web Development
• Consulting

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Genie Definition 2

Design Fee means an amount covering all costs of rendering architectural and design services.

Relevant Contract Types

• Design-Build Contract
• Architectural Services Contract
• Web Design Contract
• Interior Design Agreement

Relevant Circumstances

• Hiring an architecture firm for a building design project
• Engaging in a web design project
• Interior decor or renovation projects incorporating design services
• Building or infrastructure projects involving design aspects

Relevant Sectors

• Design and Building
• Web Design
• Interior Decor
• Architecture

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