General contractor rates are typically on a per-project basis and charge 10% to 20% of your overall project cost. A contractor will probably charge $300 to $500 a day for themselves, possibly more, and $150 to $250 a day per helper or laborer.
What Do General Contractors Make?
A general contractor is a professional who is responsible for the day–to–day management of a construction project. They are responsible for coordinating the work of subcontractors, suppliers, and other professionals to ensure that the project is completed on time and within budget.
In order to become a general contractor, one must first complete an accredited training program. Many community colleges and vocational schools offer programs that can be completed in as little as two years.
Some states also require that general contractors pass a licensing exam before they can begin working. The average salary for a general contractor is $85,000 per year.
However, salaries can vary greatly depending on the size and scope of the projects that they manage. General contractors who work on large–scale commercial projects can earn well over $100,000 per year.
General contractors typically work long hours, and they may be required to work weekends and holidays to meet deadlines.
They must also be able to work in a variety of weather conditions, as many construction projects take place outdoors. If you are interested in becoming a general contractor, you should have strong communication and organizational skills.
You must also be able to work well under pressure and handle multiple tasks simultaneously.