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How do you handle having an insufficient amount of fee on a project?
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As many of you on this sub know, fees seem to be racing to the bottom at lightning speed in our industry. For the last couple years, it's been manageable to a certain extent. These days, it's getting pretty ridiculous and it's hard to pump out good quality drawings and specs without going over budget (and then getting questioned for it by management). We often have to cut corners to get things done on time, which only results in more change notices during construction.

I was reviewing my timesheets and realized I'm a couple hours over on one project that has a pretty laughable fee attached to it. I'll definitely be hearing about this Tuesday morning.

I'm curious though, since the race to the bottom of fees seems to be an industry problem. How are you guys and gals navigating this?

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2 years ago