Renovation Contractor Package - Mississippi 2026

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  1. Click ‘Get Form’ to open the Renovation Contractor Package in the editor.
  2. Begin with the 'Mississippi Renovation Construction Contract' form. Fill in the scope of work, work site details, and insurance information as required.
  3. Next, complete the 'Construction Project Information Sheet' by entering all relevant parties involved, project commencement date, and any additional pertinent information.
  4. Use the 'Change Order Sheet' to document any amendments to the original contract. Ensure all parties sign off on changes for clarity.
  5. Continue with forms like the 'Weekly Equipment Summary' and 'Time and Material Log', recording necessary details about equipment usage and billing for time/materials.
  6. Finally, utilize forms such as the 'Final Project Punch List' and 'Accident Report Form' to ensure all tasks are completed and safety incidents are documented appropriately.

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Checks and wire transfers are two of the popular payment methods with contractors. Checks make it easy to keep records on the project, and wire transfers are a great way to move money quickly so that work doesnt slow down. Before you pay your contractor, find out what methods they accept and what they prefer.
General Contractor Estimated Cost by Project ProjectAverage Project CostGen. Contractor Cost Home remodel $20,000$75,000 $2,000$15,000 Home addition $23,000$75,000 $2,300$15,000 Bathroom remodel $2,500$15,000 $250$3,000 Bathroom addition $18,000$50,000 $1,800$10,00013 more rows Dec 18, 2024
Effective July 1, 2024, the Mississippi Legislative enacted multiple statutory changes applicable to the construction industry, including (1) an increase to the monetary threshold requiring public bidding, (2) new delivery methods available for Mississippi Department of Transportation (MDOT) projects, and (3) perhaps
Costs Involved With Hiring a General Contractor This can start from $50 per hour, and go all the way up to $1000 per hour, depending on the contractor and the nature of the project. Other contractors markup their price, and accept installments as they work on the projects.
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.

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The 3.5% contractors tax is imposed against the prime contractor and is due on all non-residential, commercial contracts regardless of whether or not the owner is a governmental, exempt, or non-profit entity.

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