PROJECT MANAGEMENT FEES

The project management fee is included in the project budget for all capital projects (projects > $25,000) to cover the costs associated with administering and managing a project at Iowa State University. These services are provided by the Design and Construction Services unit of FP&M. The income to support this unit is fully generated by charges for services and no general fund allocations are available to support the unit. A fee of 5% of the total project budget (but not less than $500) is assessed to each project $20,000,000 and less to fund the activities of this unit. The fees for projects greater than $20,000,000 are based on the fee chart below. Fees for projects $60,000,000 and above will be determined on a project by project basis depending on the specific characteristics, scope, and schedule for the project.

Standard Fee Chart

The services provided by the Design and Construction Services unit of FP&M include:



Facilities Planning & Management
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