Renovation Contract for Contractor - Oregon 2025

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General contractor rates are typically on a per-project basis and charge 10% to 20% of your overall project cost. However, in special circumstances, when contractors do charge by hour, you can expect to pay $50 to $150 for each hour worked.
For a small job 1/2 upfront and 1/2 on completion is normal. The contractor needs to be able to buy materials, set aside the time, etc. For a bigger job (more than a few days) you might pay in installments of 1/3 or 1/4 along the way.
Yes, it is relatively common for contractors to request a deposit upfront, often around 10% to 50% of the total project cost. This deposit helps secure the contractors commitment to the project and covers initial costs.
Up to a 50% Deposit Can Be Reasonable Almost every contractor charges a homeowner a deposit on a remodeling contract. Up to 50% of the total project cost can be reasonable, although 10% to 30% is more common.
What Should You Not Say to a Contractor? Im not in a hurry I know a great roofer/electrician/cabinet installer! We had no idea this would be so expensive Why cant you work during the thunderstorm/snow/heat wave? Ill buy my own materials I cant pay you today. Ill pay upfront Im old school.
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A contract with a home renovation contractor should include: a detailed scope of work, project timeline, payment schedule, change order process, contractors license and insurance information, warranty details, dispute resolution procedures, required permits, material specifications, and the signatures of both parties.
Its not unusual. If you are not comfortable tell them you are willing to do 50% upon delivery of materials, balance upon completion.

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