How Much Does A General Contractor Cost?
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Hiring a general contractor is necessary expense for medium to large projects. When a project involves the necessity to hire multiple contractors to work on a related project then a general contractor is the person you want to hire.
So much confusion can go on during a construction project. Establishing specific times for various workers to come in and do their part, handling any unexpected issues, and holding contractors accountable are all something that a general contractor does. It may seem like something simple to coordinate a project yourself but even something as simple as a basement refinishing project or a kitchen remodel needs organization.
Hiring a general contractor will allow you to have one contact that is responsible to make sure the project comes out the way you want it to. It eliminates the excuses and blame games that can happen when separate contractors work on the same job. It focuses the accountability onto one person.
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It will cost $300 to $400 per day to hire a general contractor. Many times, a general contractor will also be a carpenter and do a lot of the work that needs to be done. That is a great help and cost savings to the project. Whether a general contractor will do work on a project depends on their skills and the outlook of the job. If your general contractor does not do any labor he may want 10% to 20% of the cost of the project. If he does the carpentry he will want 45% to 65% of the money paid to contractors on the project. Whatever he doesnít make will go towards paying other contractors to complete their piece of the job (plumbers, electricians, concrete workers, etc.)
DIY General Contracting
Are you looking to be your own general contractor? Check out this article on the pros and cons of being your own general contractor.
Are you looking to hire a general contracting company? Get up to three free quotes from general contractors in your local area. Itís a great idea to speak to multiple people. General contractors all have different styles and methods for getting the job finished.