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How much should I charge per hour as a contractor?
As an independent contractor, you should charge based on your skill level, experience, and the complexity of the project. Research industry standards and consider factors like overhead costs and desired profit margin. Typically, hourly rates can range from $50 to $150 or more, depending on your field.
What is the hourly rate for a contractor in CT?
How much does a General Contractor make in Connecticut? As of Mar 15, 2025, the average hourly pay for a General Contractor in Connecticut is $28.89 an hour.
How much should a self-employed carpenter charge per hour?
A carpenters hourly rates are $30 to $100 per hour for a standard self-employed carpenter and $100 to $200 per hour for a skilled master carpenter. Framing, trim, and finish carpenters perform different services and vary in price.
What is a contractor package?
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.
What is the standard general contractor fee?
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 can make anywhere from $60,000 to $100,000+ per year. The amount earned depends on factors such as location, experience, and specialized skill sets.
What do most construction companies charge per hour?
Average general contractor cost 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.
How much do commercial contractors charge per hour?
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.
Related links
Major Contractor Registration Application - CT.gov
An applicant for a Major Contractor Registration is required to submit two credit references. One must come from the trade industry (supplier or subcontractor)
CPFP is conducting Bid Openings through Virtual Conference tools. If you would like to obtain access, please request it from the Contact listed for that
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