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.
1 For doing all of the day to day management of the project the average contractor earns around $85 per square foot. 2  They might also mark up supplies and services as well. 3  For example, on the average home construction described here the average contractor would account for roughly $66,600 in markup and indirect fees. This does not include acquisition of the land, however. 2  The above figures place this construction at an $85 and $200 per square foot cost, though national average stands at $125 for most contractors.