For all residential interior design projects, a minimum expenditure is applied. The minimum expenditure is essentially an agreed-upon investment amount that you will spend with LP & Co. to complete your project. It is separate from the design fee and encompasses purchases made on finishes, furniture, and decor. There is no standard minimum expenditure, it is based only on your specific project and is always lower than your recommended investment amount. As you may know, almost all interior designers make a small markup on furniture and decor. The minimum expenditure is a part of the LP & Co. business model; it allows us to project our revenue so that we can say “no” to future projects and provide you with the best service possible.