How Much Should A General Contractor Charge Average general contractor rates Most general contractors do not charge an hourly rate Instead our research indicates that general contractors charge about 10 to 20 of a project s total construction costs A big established general contractor company can charge an even greater difference of 25 of a project s costs
A general contractor will charge between 10 and 20 of the total cost of the job Some contractors charge a flat fee but you should calculate it as a percentage in most cases For larger projects the average cost a contractor might charge is closer to 25 Naturally how much you charge will vary widely based on the type of project Hourly Rate Some general contractors will charge by the hour These rates can range from 50 to 150 or more depending on the project the contractor and your location Again it s rare for general contractors to charge hourly rates but some will agree to it for certain projects small tasks or if the client requests it
How Much Should A General Contractor Charge
How Much Should A General Contractor Charge
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On hourly rates the general contractors mostly charge around 10 to 20 over the actual project cost of the construction jobs What percent profit should a contractor make The minimum profit for the contractors should be around 8 to 10 on average But 15 is considered an ideal profit percentage or contract charge for the contractors 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 Whether you charge a flat fee or not
Written by HomeAdvisor 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 Contractors have to mark up the materials they purchase for each job to cover the cost of purchasing sourcing storing and delivering the materials to the construction site Markups vary from one contractor to the next and possibly from one project to the next But as a general guide the typical markup on materials will be between 7 5 and 10
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How much to charge as a contractor Rather than a standard dollar amount most contractors earn a profit based on a percentage of the total construction costs Regardless of the pricing model they employ most contractors aim to charge between 20 and 30 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
If you do find a general contractor with an hourly rate it will probably be between 50 100 per hour It s more common to find contractors who charge at a daily rate General contractors will likely cost between 300 500 per day for their own labor and 150 250 per day for each helper or laborer It is the amount a business charges above their direct cost If your contractor has a 1 50 markup which is reasonable for a remodeling contractor that means that if the estimated cost for a job is 10 000 they ll multiply the 10 000 x 1 50 and arrive at a 15 000 sales price Now many people who know little about business and even less
How Much Does A General Contractor Charge BCA
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How Much Does A General Contractor Charge BCA
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How Much Should A General Contractor Charge - On hourly rates the general contractors mostly charge around 10 to 20 over the actual project cost of the construction jobs What percent profit should a contractor make The minimum profit for the contractors should be around 8 to 10 on average But 15 is considered an ideal profit percentage or contract charge for the contractors