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.
But this comes at a pretty steep price. Most architects will work for either an hourly rate or for a fixed fee based on a percentage of the construction costs. Typical fees range from 5% to 15% of construction costs for new construction, and from 15% to 20% for remodeling.Rates for remodeling projects are typically higher as they tend to be more time-consuming due to the messy and unpredictable nature of remodeling.ypical fees range from 5% to 15% of construction costs for new construction, and from 15% to 20% for remodeling. Rates for remodeling projects are typically higher as they tend to be more time-consuming due to the messy and unpredictable nature of remodeling.