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.
A Most Construction Management Service work is quoted at a fixed price, for specific service(s) or deliverables. The underlying hourly rate for a General Contractor ranges from $68 to $102 in most parts of the country. Usually, a minimum fee will be charged, which represents 1.5 - 2 hours of effort. In some cases, the quoted job price may be negotiable, particularly if other work is performed by the General Contractor.