Quote:
Originally Posted by MindBomber
I work as a sub for general contractors, so I'm not completely familiar with how complete projects are billed, but I'm somewhat familiar.
I've met contractors who do a flat fee and others who bill hourly, the flat fee seems most common with commercial contractors and custom home builders working on larger projects that are well laid out at the time of the bidding process. Custom home builders for example, mostly bill a flat fee that comes off the instalment payments throughout the project, and if the owners need to spend time with the contractor outside of what's allotted for in the bid they're billed additionally by the hour. The guys who bill entirely hourly have mostly been doing renovations and other small things, usually they do a component of the work themselves. That's just what I've gleamed in my experience as a sub.
this.
To go into more detail: in a carriage house you still need a breaker panel, hot water heater, furnace and every other mechanical system, but downsizing those systems and installation costs for a lower square footage doesn't drop the price exponentially from a full sized house.
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Yeah, I'm small fry in comparison to home builders...soon, soon
I do the same thing. I give you a quote on a job, go over what the quote includes, and what needs to be found to go over the quote. Anything extra is technically a change-order, but for my stuff I really don't get into doing it that officially, I just charge out hourly for extra work.