Feasibility Study Proposal Template

Thank you for asking us to look at your property. This proposal sets out the questions the study will answer, how we'll work, what you'll receive, and three options to choose from.

The Question

[Client Name] is considering [describe the opportunity, for example: buying the 0.4-acre lot at 88 Cedar Avenue to build a small apartment building], and needs to know what the site can hold, what approvals it would need, and roughly what it would cost to build.

How We'll Work

Site analysis. We review the survey or title report, access, utilities, topography, and easements, and visit the site.

Zoning analysis. We confirm permitted uses, density, height, setbacks, lot coverage, parking, and any overlay districts, and note where a variance or other approval would be needed.

Building code analysis. We identify the occupancy, construction type, allowable height and area, and the main egress and accessibility requirements that shape the building.

Test fits. We prepare layout and massing options that show what could be built, with unit counts and floor areas for each.

Budget range. We give an opinion of probable construction cost for each option, as a range based on recent comparable projects.

Findings. We summarize what we found, the approvals path and its likely timeline, and our recommendation, in a report we review with you.

Study options

Fees are fixed for the scope described. If you go ahead with design, we credit half of the study fee against schematic design.

Zoning and code review · What the site allows, in a short findings memo

Site and zoning analysis	$2,800.00
Building code analysis	$1,600.00
Findings memo	$1,100.00
Total	$5,500.00

Feasibility study · Adds test fits and a budget range, in a full report

Site and zoning analysis	$2,800.00
Building code analysis	$1,600.00
Test-fit options (3)	$3,600.00
Construction budget range	$1,500.00
Findings report and review meeting	$1,800.00
Total	$11,300.00

Feasibility study with planning review · Adds a pre-application meeting and an independent cost estimate

Site and zoning analysis	$2,800.00
Building code analysis	$1,600.00
Test-fit options (3)	$3,600.00
Construction budget range	$1,500.00
Findings report and review meeting	$1,800.00
Pre-application meeting with the planning department	$1,400.00
Independent cost estimate	$2,500.00
Total	$15,200.00

What We Need From You

• A survey or title report, if you have one
• Access to the site, or the owner's permission for us to visit
• Your goals for the property, and any budget or return targets you're working to

Timeline

We'll deliver our findings within four weeks of your signed approval, or within six weeks with the planning review, depending on the planning department's schedule.

Limits of the Study

Our findings are based on the zoning and codes in effect during the study and the information available to us. Planning and building officials may interpret them differently, and we can't guarantee any approval. Budget figures are opinions of probable cost, not bids.

Payment Terms

50% of the selected fee is due on signing, and 50% on delivery of the findings. Invoices are due within 30 days.

Terms

• Use of the study. Drawings and reports we prepare are instruments of our service. You may use them to evaluate this property and share them with lenders and partners.
• Standard of care. We'll perform our services with the care and skill ordinarily used by architects practicing in this area.
• Ending the study. Either party may end the study with seven days' written notice. You'll pay for work done to that date.

Acceptance

Choose an option and sign below to accept this proposal. We'll schedule a site visit within one week.