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.
A Cost Plus Fee contract with a contractor is exactly what it sounds like â the actual cost to build your project plus a management and coordination fee for the general contractor.magine that you are installing 100 outlets in your house and the fee to install them is $8,000. Most of the time if you come in and add another 10 outlets youâll still only pay the $8,000 and not an additional $1,250 for 10 outlets at $125 per outlet.