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 Contractor costs for a more extensive project (such as 500 square feet of new floor space with two bedrooms and a bathroom) can run $50-$250 or more a square foot, or $25,000-$125,000, and costs can go as high as $300-$500 a square foot for complex and luxurious projects. If you're adding weight to your foundation, you may need a report from a structural engineer at a cost of $300-$800 or more, to see if your existing foundation needs to be reinforced or repaired. 2  You'll probably need a set of plans for your bedroom addition.