for contractor painters what to charge for new construction

Updated December thirteen, 2021

Reviewed by Robert Tschudi, Expert Abode Edifice and Remodeling Contributor. Written by HomeAdvisor.

Average General Contractor Rates

General contractors (GC) typically charge about ten% to 20% of your total construction project cost, as well referred to equally "toll plus." For larger projects, you might pay closer to 25% for their services. They typically do not charge an hourly rate.

Average General Contractor Costs

Average Toll	$four,000
High Price	$58,000
Low Cost	$250

Standard General Contractor Percentage Markup

That 10 to 20% fee is calculated from a markup on materials, subcontractor labor and the total price of the job. The GC packages their fee in with all services for one total price. They pay on your behalf for services, subcontractors and materials.

Contractor Pricing

Contractors price their work equally a markup on various services and materials in order to comprehend factors like:

• Labor and workers' compensation

• General liability and other insurances

• Overhead for staff, office and operations

• Taxes

• Profit

Commercial General Contractor Fee vs. Residential Construction

Commercial general contractor fees can be higher than those for residential structure depending on factors that bear upon overhead—insurance, permits, labor, equipment. However, they might exist the aforementioned as residential if these factors don't significantly bear on your GC'due south overhead or if your project isn't competing with other jobs at the fourth dimension.

For case, if your commercial projection requires added assistants in order to accurately manage subcontractors, insurance and building codes, you might pay a higher GC fee. Also, if your GC is in demand and has to decline on other opportunities in order to have your chore, yous might pay a college fee.

How Exercise Contractors Become Paid?

The way that full general contractors get paid is with a percentage of your project cost. They build this percentage into your toll based on markups on materials, supplies, labor and more.

GCs will accept payments in different means, and they should outline their payment plan in your contract prior to starting the chore. Some ask for a portion of the cost upfront and the residual when work is consummate. Others will ask for payments after each phase of work is complete. You shouldn't expect to pay the full cost earlier work begins.

Consult With a Pro for Your Project

How Much Exercise Contractors Charge for Labor?

The labor charge for your contractor's services will vary depending on the type and size of the project. For example, the full general contractor fees for a house volition exist greater than for a patio installation.

Full general Contractor Toll List Examples

Project	Average Project Cost	Additional Price for GC
Price to Build a Business firm	$290,000	$29,000 - $58,000
Toll of Building an Addition	$46,500	$iv,650 - $9,300
Price of Remodeling a House	$47,000	$4,700 - $ix,400
Rate for a Bath Remodel	$xi,000	$ane,100 - $2,200
Rate for a Kitchen Remodel	$26,000	$ii,600 - $five,200
Price for Installing Drywall	$one,850	$185 - $370
Price to Build Brick or Stone Walls	$4,900	$490 - $980
Price of Building a Deck	$7,700	$770 - $1,540
Cost to Build a Garage	$28,000	$2,800 - $5,600
Price to Install a Concrete Patio	$iii,000	$300 - $600
Install Concrete Driveway Price	$4,500	$450 - $900
Rate for Debate Installation	$two,900	$290 - $580

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What Does a General Contractor Do?

Full general contractors oversee and manage the full scope of a project, typically after the designs take been drawn up and agreed upon. Nonetheless, many GCs tin serve equally construction managers and advise from the pre-construction phase to completion. Homeowners hire a residential general contractor when the piece of work involves permits, edifice codes, subcontractors and heavy-duty equipment. These pros:

• Implement the timeline and schedule

• Hire, manage and pay workers and subcontractors

• Purchase and deliver materials and supplies

• Acquire necessary permits and/or homeowners' association (HOA) pre-approval

• Oversee project progress to completion

• Discuss, plan and make necessary changes (especially if they weren't involved in pre-construction)

• Ensure that the completed work complies with current building codes

GCs, depending on their experience and specialties, piece of work on projects like:

• Commercial and residential building construction

• Additions and remodels

• Circuitous HVAC, electrical and plumbing

• Physical work

• Structural or foundation repairs

How Much Does a Full general Contractor Cost vs. a Construction Manager?

A general contractor usually charges a higher rate than a construction manager.

• Construction managers charge 5% to 15% of your full for small-scale and nether 5% for larger-scale construction.

• General contractors accuse x% to 20%+. Their oversight is all-inclusive, they tend to have a reliable team of workers and subcontractors, and they accept to cover their overhead costs and profit.

Consult with a Contractor Most You lot

Getting General Contractor Estimates

In that location are many benefits to hiring a general contractor, and choosing one with the right feel will ensure the all-time consequence. Once the plans are ready, information technology'due south time to attain out to general contractors nigh you for estimates. When yous're meeting with them, information technology'south of import to:

• Be clear about your needs and expectations

• Accept a solid understanding of the costs involved

• Brand sure you can hands communicate with the professional

FAQs

What is a general contractor's hourly rate?

Some general contractors will agree to a rate of $50 to $150 per hour, typically with a guaranteed minimum number of hours to work. Most general contractors practice not charge an hourly rate, however. They accuse by a percentage of the total project cost instead.

How much does it toll to hire an contained general contractor?

Nearly GCs are independent, so the standard cost of 10 to 20% of the total project cost all the same applies. The average rate will be about the same between them and those associated with a visitor.

How much practise contractors charge for an estimate?

Contractors will either offer a free estimate or charge $50 to $1,000, depending on the project. For case, if you need an inspection or pattern consultation service, look to pay for those. If y'all pay for your estimate, many general contractors will put that fee toward your project if you hire them.

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Source: https://www.homeadvisor.com/cost/additions-and-remodels/general-contractor-rates/

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