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Ten percent is an average amount that you can pay a general contractor. You shouldn't pay more than this as many people are willing to work for this percentage or less.
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∙ 9y ago
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What percentage of the sub contractors should a general contractor make?
ten percent is the most reasonable and equitable number or percentage one might contemplate, keeping in mind the risks and management involved in such endeavors.
What kinds of licenses and training should I expect my remodeling professionals to have?
First of all, make sure your contractor is licensed, bonded and insured before signing on the dotted line. The general contractor usually hires all the subcontractors which are your plumbers, electricians and carpenters and you will want to get in writing, from him, that all of them are properly licensed/trained for the jobs they are doing.
What contractures in California can do outdoor kitchen construction?
Any contractor who is a licensed contractor with the right type of license should be able to handle this for you. A general contractor would be my first choice, but a specialty contractor that has a limit high enough to accommodate the job's pricing would also be a great choice.
Subcontractor Agreement?
Get StartedA Subcontractor Agreement is an agreement between a general contractor (the "General Contractor") and another party who has subcontracted to perform work and services for the General Contractor (the "Subcontractor"). The General Contractor is the party who will contract directly with the owner of the property on which the Subcontractor will be working. Frequently, the General Contractor has portions of the larger project that the General Contractor prefers not to do. Therefore, the General Contractor contracts those portions out to another party, the Subcontractor.If it is available, the Subcontractor may wish to review the Original Contract between the Owner and the General Contractor to be sure that there are no conflicting terms between it and the anticipated Subcontractor Agreement.This agreement allows the parties to describe which services and materials the Subcontractor will provide, specify the price for the work, and assign various rights and liabilities between the parties. Important provisions regarding indemnification, insurance, change orders, unforeseen conditions, defaults, the nature of the parties' relationship and miscellaneous concerns are also included.This agreement should be signed by both parties and becomes effective as of the date inserted at the beginning of the agreement.
How much should I expect to pay a licensed and bonded contractor for bathtub refinishing?
The range for bathtub refinishing work from a licensed and bonded contractor varies, but you can expect to pay anywhere from $340 to $900 total. This amounts to approximately $1.50 to $4 per square foot. You should definitely check someones credentials and sign a contract before ever agreeing to pay someone for their work.
WHERE you CAN Find the number for the policy insurance for general contractor?
A typical construction contract will require the General Contractor to provide the owner with a Certificate of Insurance. You should be able to find the policy number(s) on the Certificate along with the name of the insurer and limit of coverage provided. Hope this helps.
What kind of insurance does a self employed contractor need?
A self employed contractor general liability ins., Workers comp if a corporation, but whoever is the bond company they should be able to assist in insurance coverage for the company.
What to do when a contractor does not want to pay a sub contractor?
A subcontractor can turn to Construction or mechanics lien law in order to secure payment. By being lien law compliant, meeting specific requirements such as preliminary notices and within time restrictions, a subcontractor can withhold payments to the primary contractor or lien the property. Lien laws are state specific and you should check your state's statutes for the requirements and restrictions. Property owners can protect themselves from these liens by requesting waivers or releases from all subcontracts and the primary contractor for each payment as well as a Contractor's Affidavit at the end of the job in exchange for the final payment.
In general, what is the job of a building contractor Will they obtain any permits needed?
The job of a building contractor is to oversee the process of building a home or business. The building contractor will oversee the planning and supervise employees on the job. The contractor is responsible for hiring and the payroll of the employees. They are also in charge of obtaining building materials needed for the project. Necessary permits should also be obtained by the building contractor.
When purchasing a new home how much good faith down payment should you expect on 350000.00 home?
Ten percent
What insurance should a contractor have when performing work on my home?
You should at least make sure that they are carrying $500,000 - $1,000,000 in liability limits on a general liability policy. This will protect you from any losses that they may cause such as a fire etc. You need to ask them for a certificate of insurance. Make sure you get it from their insurance agent and not the contractor.
Should a subcontractor have to pay his own workmens comp in the state of South Carolina?
The general expectation is that a contractor pays their own expenses. That would include a sub-contractor being responsible for their own workman's compensation. Most subcontracting agreements will specify this in the contract.
