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The job of a general contractor is key in any construction job, especially if you want your project to be successful and completed within record time! Read on to find out how much you can expect to pay when you hire a general contractor.
A general contractor is a professional who oversees all activities that happen on a building site. Under their watch, work proceeds without glitches. They’ll manage the crew that works on the site (as a foreman), provide materials and the labour needed to make sure the construction project is successful, and stay around until the job is done.
Generally, the general contractor is hired by a client, architect, or the project’s engineer; especially when these people cannot be readily available for the job at hand.
Hiring a general contractor is necessary for your construction projects. Just in case you’re not yet sure, here’s why you need to hire their services:
A general contractor makes your life easier. When they’re on the scene, you do not have to worry about being too involved in the construction process, because they’ll understand what you need and how to source the right tools.
A general contractor has access to a vast network of professionals and handymen who can make your project successful. Once you’ve hired the right general contractor for your construction project, you wouldn’t have to worry much because the contractor takes it up from there.
Hiring a general contractor will prove to be a cheaper choice. This is because most general contractors have access to people who can provide material and resources at discounted rates. This will help you save more money.
General contractors charge different amounts, but the two most common pricing tiers are:
| Pricing Structure | Average price |
| Percentage of the entire project cost | 20 - 30% |
| Hourly | $20 - $100 per hour |
Prices differ, and this depends on a few factors including:
Location
Individual vs. agency
Expertise/experience level of contractor
Duration of project
This is one reason why the price of hiring a general contractor changes. When your project site is in a place with a high cost of living, you will pay more money than if it was in a rural area. If you do not want to spend a lot of money, you may want to consider building at a place that isn’t expensive in terms of the cost of living.
An individual will always charge less than an agency. This also applies to general contracting. Except you can afford it, you may want to stick to individual general contractors.
It will cost more to hire a highly experienced general contractor, than if you hire a mid-range contractor. To cut down on extra costs, you may want to consider hiring contractors that are a bit less experienced but are capable as well.
This becomes a factor if your general contractor decides to bill you per hour. If this is the case, the bigger the project, the more money you will spend.
For anyone who wants to ensure their building project is completed safely and to a high standard, a contractor is key!
Their job is to make sure that all activities which go on in a building site are as planned and meet all required standards. They maintain order and ensure that work progresses in a building site.
To get a more detailed breakdown of how much you will need to hire a General Contractor, request a quote from any of the General Contractors around you on Bark!
The average rating for Bark Building Contractors is 4.75, based on 31,768 reviews
5/5
based on 31,768 reviews
