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.
General Contractor fees. Yes it is typical for the GC to mark up subs bids as well as materials. Most GC's work on a profit margin of 10% to 15%. In addition to this you may also expect to pay construction management fees.Usually projects like yours are done on a fixed cost turnkey basis.eneral Contractor fees. One of my friends who is a custom home builder charges cost + 15% and homeowner sees all invoices. This way if the homeowner makes changes it does not have a negative effect the GCs bottom line.