Excavation Contractor Package - Minnesota 2026

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  1. Click ‘Get Form’ to open the Excavation Contractor Package in the editor.
  2. Begin with the 'Excavation Contract - Cost Plus or Fixed Fee' form. Fill in the scope of work, work site details, and insurance information as required.
  3. Next, complete the 'Change Order Sheet' if any amendments are needed. Ensure you specify the original contract details and changes clearly.
  4. Use the 'Certificate of Completion' form to certify that all work has been satisfactorily completed. Enter project details and signatures as necessary.
  5. Maintain a record of bids using the 'Bid Log'. Input each bid's due date, sent date, price, and status for easy tracking.
  6. If following up on a bid, utilize the 'Bid Follow Up Letter' template to communicate effectively with clients or agencies.
  7. Complete the 'Worker Safety and Health Plan' to ensure compliance with safety regulations. This is crucial for reducing workplace injuries.
  8. Document equipment usage with the 'Weekly Equipment Summary', noting make, model, maintenance performed, and ownership status.
  9. Summarize project tasks using the 'Summary of Estimate', detailing expenses involved for accurate contract pricing.
  10. Finally, fill out the 'Construction Project Information Sheet' to identify all parties involved and relevant project dates.

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Excavation cost Excavation costs $2.50 to $15.00 per cubic yard or $1,100 to $5,600 total on average. Excavator hourly rates are $100 to $300 per hour to dig a basement, foundation, or pool. Land excavation estimates depend on the dirt type, depth, terrain, obstructions, and amount of earth moved.
Owning an excavation business can be a highly profitable ventureespecially if you manage your costs, secure steady work, and protect your assets with the right insurance. With the right strategy, its possible to earn six figures annually and scale your business over time.
What are Top 10 Highest Paying Cities for Construction Owner Jobs CityAnnual SalaryHourly Wage Berkeley, CA $116,528 $56.02 San Francisco, CA $112,125 $53.91 Kentville, NS $111,912 $53.80 Santa Clara, CA $111,769 $53.746 more rows
Do you get a good deal as a Excavator Owner Operator ? StateAnnual SalaryHourly Wage California $53,695 $25.81 Minnesota $53,288 $25.62 Rhode Island $53,282 $25.62 New Hampshire $52,912 $25.4461 more rows
Basement Excavation. Average Revenue per Job: $10,000 $30,000 Why Its Profitable: Basement excavation is a high-ticket service often tied to new home construction. Septic System Installation. Land Clearing and Site Prep. Utility Trenching and Installation. Foundation Preparation and Grading.

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$45,000 is the 25th percentile. Salaries below this are outliers. $59,500 is the 75th percentile.

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