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The job of a general contractor is key to any building project, especially if you want it to be successful and completed within record time. Read on to learn how much you can expect to pay when hiring a general contractor!
A general contractor is a professional who supervises all activities that happen on a construction site. They make sure that work proceeds as planned, provides materials and the labour needed to ensure a successful project. They’ll usually be the last person to leave the site 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 their services:
A general contractor takes the pressure away from you and allows you the luxury of focusing on other things. When a general contractor is on the scene, you don’t have to worry about being too involved in the construction process, because they’ll understand exactly what you need and how to achieve it.
A general contractor has access to a vast network of professionals and handymen/handywomen who have the skills needed to make your project successful. As a result, you do not have to worry about the individual professionals needed for your project once you’ve hired a general contractor.
Hiring a general contractor will save more money. This is because most general contractors have access to people who can provide material and resources at discounted rates.
General contractors charge different amounts, but the two most common pricing structures are detailed below:
Pricing Structure | Average cost |
Percentage of entire project cost | 15 - 25% (in total) |
Daily | £100 - £400 per day |
Prices differ, and this depends on a few reasons including:
Location
Individual/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 (like the centre of London), you will need to have a bigger budget. 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.
Hiring a highly experienced general contractor will cost more 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 day. If this is the case, the bigger the project, the more money you will spend.
Absolutely! General builders or general contractors ensure that all activities which go on in a building site are as planned and meet all required standards. They serve the purpose of maintaining order and seeing to it that work progresses in a building site.
To get a more detailed breakdown of how much you’ll need to hire a General Contractor, request a quote from any of the General Contractors around you on Bark today!
The average rating for Bark Builders is 4.72, based on 265,871 reviews