Which pricing model is most commonly used by architectural firms for medium to large-scale commercial projects?

Architectural firms employ various pricing strategies to remain competitive while ensuring profitability. Understanding these fee structures is crucial for both practitioners and clients. This poll tests your knowledge of standard architectural pricing models used in contemporary professional practice. Can you identify the most commonly used fee structure in architectural services today?

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Percentage of construction cost (typically 8-15% depending on project complexity)
Fixed hourly rate regardless of project scope (typically $150-300 per hour)
Value-based pricing (fee based on estimated value delivered rather than time spent)
Square footage rate (flat fee per square foot, typically $3-8 depending on region)