How Much Do General Contractors Charge An Hour General contractors charge between 250 and 58 000 with the average cost being 4 000 This broad range is because contractors handle jobs ranging from small projects that may cost as little as a few hundred dollars to large remodeling jobs and even home building projects that can cost tens of thousands of dollars or more
However the general range that one would expect to pay is usually around 50 00 to 150 00 per hour Other contractors don t charge an hourly rate General contractors charge at about 10 to 20 percent of the total construction project cost A contractor will probably charge 300 to 500 a day for themselves possibly more and 150 to 250 a day per helper or laborer That covers their overhead expense costs as well as profit
How Much Do General Contractors Charge An Hour
How Much Do General Contractors Charge An Hour
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Using these numbers our formula would be 10 417 147 1 25 1 610 147 or when simplified down 94 49 10 95 After rounding we arrive at an hourly rate of 106 per hour Use our free hourly rate calculator to determine how much to charge per hour as a general contractor subcontractor or handyman General contractor pricing guide Method General contractor pricing guide If you re a general contractor you know that your job never ends Being tasked with overseeing every aspect of a construction project and responsible for its successful completion is no small challenge
How much do general contractors charge Aug 27 2021 The national average cost to hire a general contractor is 1 500 On average customers pay between 800 2 212 for general contracting services But depending on the project the price can vary greatly Small jobs may cost as little as 50 while big jobs may cost tens of thousands of dollars The average hourly pay for a General Contractor is 31 74 in 2023 Hourly Rate 15 67 Bonus 203 24k Profit Sharing 119 40k Commission 2k 29k Total Pay 32k 140k Based on 1 500
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Typically rather than general contractor rates per hour contractors for construction projects charge a percentage of the project s total cost usually around 10 to 20 However it s not out of the question for professional general contractors to charge closer to 25 for larger projects While there s no specific rule outlining how much a general contractor should charge for their services on average a general contractor s fee is somewhere between 10 and 20 of the total cost of a job In the case of general contractors whose services are in high demand that figure can be even higher
19 92 A good general contractor can bring a lot of value to a home renovation or building project These professionals help their clients set a realistic budget keep a project on schedule and manage construction so the homeowners don t have to How much does it cost to hire a general contractor Find out below Lewis Design Build Remodel The typical remodeling contractor will have overhead expenses ranging from 25 to 54 of their revenue that means every 15 000 job could have overhead expenses of 3 750 to 8 100 Somewhere along the line people started believing that a 10 overhead and 10 profit is the industry standard for construction jobs
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How Much Do General Contractors Charge An Hour - The average hourly pay for a General Contractor is 31 74 in 2023 Hourly Rate 15 67 Bonus 203 24k Profit Sharing 119 40k Commission 2k 29k Total Pay 32k 140k Based on 1 500