The amendment, part of the 2010 Dodd-Frank law, sharply lowered debit card interchange fees â charges that stores pay banks when a customer makes a purchase. Supporters said the measure, sponsored by Democratic U.S. Sen. Dick Durbin of Illinois, would lower prices for consumers by cutting retailersâ costs.
This year (2008), the general contractor building our home in Los Angeles, CA is on a fixed fee of 10% of the estimated project cost, plus $75 per hour for any additional work due to major change requests. That hourly rate is probably high for non-costal cities. don't think most general contractors work on hourly rates. A general contractor working on a cost-plus basis typically charges between 10% and 15% over the total project cost as her profit.
The way most architects charge for their services is confusing. The traditional method of calculating the fee is based on a percentage of the total construction cost. Here's how it works. An architect charges a standard percentage fee.he architect might as well be speaking Greek. To make fees more understandable, some architects now charge by the hour. It's a method of accounting that most people are familiar with and one that many clients use when billing for their own services. It's possible to combine the hourly and percentage systems.