Interesting Facts About General Contractors - Questions/Answers
What exactly does a general contractor do? A general contractor is responsible for providing all of the material, labor, equipment (such as engineering vehicles and tools) and services necessary for the construction of the project. A general contractor often hires specialized subcontractors to perform all or portions of the construction work. How much does it cost to hire a general contractor? General contractors get paid by taking a percentage of the overall cost of the completed project. Some will charge a flat fee, but in most cases, a general contractor will charge between 10 and 20 percent of the total cost of the job. This includes the cost of all materials, permits and subcontractors. Can homeowner act as general contractor? Some homeowners act as their own general contractors but don't actually do any work; others hire a general contractor but remain involved in the process. ... Because of ongoing relationships with subcontractors, general contractors can set and ke...