There’s a large underestimate of the architects’ fees in the ‘business plan’.
Costs are given to RIBA 3 for the development phase of the ‘Helm’ project, yet they are only give to RIBA 2 for the delivery phase (page 19).
There’s an important difference between RIBA 2 and RIBA 3.
RIBA is the Royal Institute of British Architects.
RIBA Stage 2 is the concept design phase of planning a building.
RIBA Stage 3 is the ‘Spatial Coordination’ stage, a critical phase where the project’s theoretical aspects transition into concrete realities. Where the plugs go and so forth.
Stage 3 demands a high level of expertise and coordination among architects, engineers, and other specialist consultants, embodying the essence of practical and detailed architectural planning.