Before hiring a general contractor, it is important to understand their method of charging for their services. While many charge on a cost-plus-percentage basis, others charge a flat fee that includes the materials and labor for the entire project. While the cost-plus-percentage option is more flexible, it can be hard to predict the final price. For those whose budget is very specific, a flat-fee bid is a better choice.

A turnkey contract is a contract that includes the entire construction process, except for the log package. GCs are expected to complete cost estimates, monitor construction quality, pay all the people involved, and report to homeowners on a pre-determined timetable. GCs communicate daily or several times per week, allowing them to provide an accurate cost estimate and keep the homeowner informed. There are also many benefits to hiring a general contractor.

Indianapolis general contractors may also be a design build contractor, where they help you conceptualize your project and oversee the work. A design-build contractor will typically have their own in-house design staff to address any unforeseen changes in the design. GCs must be licensed in their state. Whether you choose a design-build or a traditional contractor, be sure to check with the Better Business Bureau before hiring a general contractor. This will reduce your risk of contracting a scam.

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