CIF no-win-no-fee consultant: 4% to 8% of awarded value
No-win-no-fee bands on CIF work typically run 4% to 8% of awarded value, with a definition of winning that ranges from notification of funding to drawdown of the first payment.
On this page
Typical % bands on NWNF CIF work?
What counts as winning?
What does the fee cover and what is extra?
Where does the % skew on small vs large projects?
Trade-offs vs retainer?
NWNF percentage bands cluster at 4% for high-confidence bids and stretch to 8% for borderline bids. The condition-survey cost may sit inside or outside the percentage depending on the firm.
NWNF beats retainer above about £600,000 of bid value when the bid is genuinely strong. NWNF is worse than retainer when the bid is borderline and the consultant is selecting for win rate.