When building a retail space, a General Contractor is the ideal choice. They are knowledgeable about the appropriate building materials, have access to craftsmen who can do the job, and have insight into efficient systems. The final task is the grand opening, which takes place after the retail space has been fully stocked. Another area of expertise for a General Contractor is site improvements. Typically, the architect, landscape architect, or engineer creates a site plan, which the General Contractor then translates into a physical reality. Depending on the project, a General Contractor may perform some of these design services in-house.
A general contractor’s job description varies depending on the type of construction and the owner. General contractors are responsible for overseeing the construction of new houses and renovations. Their responsibilities can range from budgeting to hiring subcontractors. They may also manage employees, select building materials, and set deadlines. Additionally, a general contractor must be able to handle emergencies and ensure that every aspect of a construction project adheres to code.
The salary of a general contractor varies depending on his or her area of expertise and the type of construction he or she is working on. In the United States, an average salary for a general contractor is $55,000. While salaries vary widely, they can vary from $30,000 to $105,000, depending on location. The job description for a general contractor can include overseeing all aspects of construction work at building sites. A general contractor may be the owner of a building company, an employee of a household, or a land developer.
If you are planning to do outdoor construction work, you must obtain a general contractor license in your county. Some states require a bond before a GC can perform construction work. In counties of 100,000 people or more, the bond amount is typically $1,000 for smaller projects, and 10 percent of the project’s value, for larger projects. New home builders are exempt from these bond requirements. If you are not sure what the bond requirement for your state is, consult with your local government.
State licensing requirements vary, depending on whether you plan on completing small or large projects. For example, in Washington, general contractors must have a state license and a bond of at least $12,000 to perform work in the state. General contractor licensing requirements in West Virginia and Wisconsin vary according to the type of work being performed and the amount of the bond required. Some states require a general contractor to obtain a bond regardless of how large or small the project is.
Cost of hiring a general contractor
The cost of hiring a general contractor is a significant part of any construction project. This professional must be paid a salary that accounts for approximately 10 to 20 percent of the total cost of the job. Overhead costs are based on a variety of factors, including permits, materials, and labor, as well as the competition of the project. If you plan to hire a general contractor for a large-scale project, the costs may be higher than for a small one.
The main advantage of hiring a general contractor is the assurance of quality work. While some home improvement projects are simple and inexpensive to do yourself, larger-scale renovations can be time-consuming and costly. The advantages of hiring a professional are numerous, and the cost of hiring a contractor can be well worth the investment. If you’re considering hiring a general contractor, make sure to take the time to understand the job requirements and then determine whether hiring a contractor will be worth the expense.
Cost of hiring a construction manager
The cost of hiring a construction manager for a specific project varies. Unlike general contractors, who are required to hire a full staff and manage the project, construction managers can work on remote sites. Although construction managers do not take on the risk of putting up shoddy work or mismanaging the project, their fees are more flexible and will likely influence the overall project budget. In addition, construction managers are familiar with almost every project delivery method, including design-build, traditional design-bid-build, and P3 projects. The cost of hiring a construction manager varies depending on the type of initial contract and the scope of work.
A construction manager’s fees typically range from 1% to 5% of the overall project cost. These fees can be as low as 5% to 15% of the total cost of a construction project, depending on the size and complexity of the project. Construction managers are also familiar with building codes and can help resolve discrepancies between blueprints and actual implementation. However, they also need to know the local building codes and the cost of materials and labor.