Full Definition of DERIVATIVE. 1. : a word formed by derivation. 2. : something derived. 3. : the limit of the ratio of the change in a function to the corresponding change in its independent variable as the latter change approaches zero.4. a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index). See derivative defined for English-language learners. See derivative defined for kids.
So, how much does a contractor cost, anywhere from 5% to 25% of the total project cost, with the average ranging 10-15%.xactly how a general contractor charges for a project depends on the type of contract you agree to. There are three common types of cost contracts, fixed price, time & materials and cost plus a fee. Each contract type has pros and cons for both the consumer and for the contractor.
Fee Breakdown. Engineering fees themselves can be broken down into a few categories, each making up a percentage of the overall fee. Preliminary design services should be approximately 30 percent of the fees, while final design services and paperwork should equal another 45 percent.ccording to an article in the Engineering News-Record, since the U.S. Justice Department enforced antitrust rules against engineering associations in 1972, fees based on a percentage of construction costs barely rose over the next 30-plus years.