If the civil engineer is not the prime professional for the above groups but renders basic civil engineering services only, his fee shall be a minimum of ____ of the prime professional fee.
25%
A CE employed in the private sector who signs and seals the civil engineering plans, specifications and other related documents of a certain project for and in behalf of his employers shall be compensated with a minimum of ____ of the professional fee for the project, over and above the basic monthly salary.
10%
Frequently used for investigations and studies and for basic services on design type projects where the scope and complexity of the assignment are clearly and fully defined
Agreements should contain a clearly stated time period during which the services will be performed and a provision for adjustment of compensation if the project is delayed for reasons beyond the CE’s control
FIXED PRICE
Salary costs + overhead + direct non-salary expenses + fixed fee
Advantage: It eliminates any suspicion that the costs have been allowed to grow in order to increase the CE’s fee.
D. COST PLUS FIXED FEE
refers to an eight-hour day
This method is particularly suited for expert witness or other legal-type services and to other short-term engagements involving intermittent personal services.
PER DIEM
Direct salaries plus employee benefits and includes salaries for partners or principals and for technical, professional, administrative and clerical staff directly chargeable to the project
Salary Cost
This method of compensation of projects is used when the scope of service is not well defined or to simplify accounting and record keeping.
HOURLY BILLING RATE
Philippine Contractors Accreditation Board
PCAB
Contractors bidding on government projects must meet eligibility requirements under GPPB guidelines (RA __, primarily proving legal, technical and financial qualifications.
9184
