Commercial Contractor Package - Michigan 2025

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  1. Click ‘Get Form’ to open the Commercial Contractor Package in the editor.
  2. Begin with the 'Commercial Construction Contract' section. Fill in details such as scope of work, payment terms, and responsibilities of all parties involved.
  3. Next, complete the 'Construction Project Information Sheet' by entering project commencement dates and identifying key stakeholders.
  4. Use the 'Change Order Sheet' to document any amendments to the original contract. Ensure all changes are clearly stated for transparency.
  5. For tracking purposes, fill out the 'Weekly Equipment Summary' and 'Time and Material Log' to keep a record of resources used and hours worked.
  6. Finally, utilize forms like the 'Final Project Punch List' and 'Customer Satisfaction Survey' upon project completion to ensure quality control and gather feedback.

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Contractors packages are specifically tailored to provide necessary coverage for your business. This typically provides blanket additional insured, aggregate per project, installation floater, builders risk, and other specialized coverage for contractors.
If you need a Michigan residential builder license, it is required on the state level. However, for commercial construction work, you will need a license from your city or county.
Average general contractor rates Most general contractors do not charge an hourly rate. Instead, our research indicates that general contractors charge about 10 to 20% of a projects total construction costs.
General contractors charge a 10% to 20% fee percentage of construction costs for large projects and a fixed, daily, or hourly rate for small jobs. Contractor hourly rates are $50 to $150 per hour on average. General contractor pricing depends on the labor and material costs, project size, and location.
How Much to Pay a Contractor Up Front: A Guide to Contractor Deposits. Most down payments fall between 10% and 25% of the project cost. Contractors should never ask for more than 50% up front. Never pay in full before work has begun.

People also ask

General contractor fees for commercial projects are 20% to 25% of the total construction cost. Commercial buildings typically require larger HVAC, plumbing, and electrical systems, heavy construction equipment, and more materials and laborers than residential projects.
A general contractor will charge between 10% and 20% of the total cost of the job. Some contractors charge a flat fee, but you should calculate it as a percentage in most cases. For larger projects, the average cost a contractor might charge is closer to 25%.
Most contractors charge a percentage of the total construction costs, ranging from 10% to 20%. If a contractor charges by hour, expect to pay between $50 and $150 per hour. Subcontractor hiring, material costs, and project scope will impact price.

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