What is a General Contractor? Other Considerations

In part one of this two-part blog series, we went over some basics on the roles and services provided by general contractors. Many people have heard or read the term general contractor and wondered exactly what it refers to, and a basic understanding here is important for many remodels or other home upgrades you might be considering. 

At Crown Finish, we proudly offer top general contractor services to clients around Orem, from basic handyman needs to more specific jobs like drywall repair, finish carpentry and more. While part one of our series went over some basic definitions of general contractors, plus their roles and the licensure they require, today’s part two will look at some other key factors here – a general contractor’s role in the payment process, for one, plus some additional types of professionals you may deal with during your project, 

General Contractors and Payment

When it comes to how general contractors get paid, there are a few key options to be aware of. In most cases, you’ll have either one or the other:

• Flat fee: This is an up-front payment system where all fees for the entire project are agreed upon before any work begins. This type may be preferred for smaller projects.

• Percentage-based: With this option, you pay the contractor a percentage of the total project cost – this is often somewhere between 10 and 20 percent. This type may work best for larger projects.

In addition, there are cases where a general contractor may be hired under a time and materials contract, which means they’re paid hourly or with specific cost reimbursements. In these scenarios, it’s important to have a detailed written agreement to ensure there are no financial disputes down the line. 

Other Professionals Involved

In some cases, a general contractor may not be the only professional needed for your project. There are several other types of professionals who may play a role, including:

• Subcontractors: These are companies or individuals hired by the general contractor to perform specialized tasks like plumbing, electrical, or HVAC work. Also sometimes referred to as a specialty contractor, their work is usually specific to one area of expertise.

• Design professionals: These are experts who create the drawings and plans for your project. They can include architects, structural engineers, or interior designers. Some general contractors may offer design-build services where they handle both the construction and design aspects of a project.

• Inspectors: Depending on the type and scope of your project, you may need approval from certain inspectors to ensure the work is up to code and safe. Your general contractor will often handle these inspections on your behalf.

Understanding the roles and services provided by general contractors is crucial when considering a home remodel or upgrade. From payment options to other professionals involved, there are many important factors to keep in mind throughout the process. 

At Crown Finish, we take great pride in our ability to provide top-quality general contractor services with transparency and efficiency. Contact us today if you’re looking for a reliable, experienced team for your next home project. We look forward to working with you!