Project coordination fees

http://www.fpm.iastate.edu/planning/capital_planning_process/fees.asp

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.