The amendment, part of the 2010 Dodd-Frank law, sharply lowered debit card interchange fees â charges that stores pay banks when a customer makes a purchase. Supporters said the measure, sponsored by Democratic U.S. Sen. Dick Durbin of Illinois, would lower prices for consumers by cutting retailersâ costs.
This year (2008), the general contractor building our home in Los Angeles, CA is on a fixed fee of 10% of the estimated project cost, plus $75 per hour for any additional work due to major change requests. That hourly rate is probably high for non-costal cities. don't think most general contractors work on hourly rates. A general contractor working on a cost-plus basis typically charges between 10% and 15% over the total project cost as her profit.
Fees based on a percentage of construction cost is most commonly used in medium to large commercial projects. The average fees for a project of typical complexity is 10% -15% for renovations and 8%-12% for new construction. Fixed Fees is most commonly used in projects where the scope can be clearly defined.ourly Fees. Typical Architectural hourly fees range from $125 to $250 per hour. This method is mostly used for small projects, residential projects or for services where the time to complete the work is not known.