Financing of projects

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Specialised matters such as legal, insurance and financing often have an effect on the architect's duty to the client but they are areas of expertise normally beyond the detailed knowledge of the architect. The architect should be aware of and have some understanding of the implications of such matters and how they affect their work, but must not pretend to be an expert unless they have special qualifications in addition to architectural qualifications and has been engaged by the client to provide this advice. The client should be advised to seek appropriate advice from experts in the fields relevant to the project requirements.

Page contents

• Definitions
• Finance availability in terms of time scale
• Sources of finance
• Amounts or limits of borrowing
• Types of finance arrangements
• Access to sources of finance
• Cost of borrowing
• Other considerations