How Much Should a General Contractor Charge
General Contractors (Gc) Typically Charge About 10% to 20% of Your Total Construction Project Cost, Also Referred to as “Cost Plus. ” for Larger Projects, You...
General contractors (GC) typically charge about 10% to 20% of your total construction project cost, also referred to as “cost plus.” For larger projects, you might pay closer to 25% for their services. They typically do not charge an hourly rate.
How much should I be charging as a contractor?
Average General Contractor Rates General contractors charge at about 10 to 20 percent of the total construction project cost. For even larger projects, you might pay closer to the 25 percent mark for professional construction services.
What is the average profit margin for a general contractor?
According to the Construction Financial Management Association (), the average pre-tax net profit for general contractors is between 1.4 and 2.4 percent and for subcontractors between 2.2 to 3.5 percent.
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.
