How Much Does it Cost to Hire a Construction Manager?
If you are thinking about having construction done at your home or place of business, then one of the first decisions you will want to make is to hire either a general contractor or a construction manager to assist you through the process. Both general contractors and construction managers help solicit bids for work, find construction workers to complete the job and act in your best interest. Unlike a general contractor, however, a construction manager charges just one set fee for his or her services throughout the entire project. Furthermore, by hiring a construction manager, you tend to have more of a say in what goes on throughout the process.
National Hire a Construction Manager Costs
Cost data is based on actual project costs as reported by ImproveNet members.
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Average reported costbased on 25 cost profiles
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Hiring A Construction Manager
If you decide that hiring a construction manager is in your best interest, then you will want to figure out how this expense will work within the rest of your budget. Prices can vary from manager to manager and project to project, but most construction managers simply charge a one-time fee. That fee typically equates to about 10 to 15 percent of the entire construction cost. Therefore, if you take on a large construction project that costs a grand total of $100,000, then you should expect to pay the manager around $10,000 to $15,000 for his or her services.
What to Expect from A Construction Manager
When looking for a construction manager, it is important to find one who is experienced and has great reviews. Consider checking out some third party websites to find honest reviews of different construction managers that are available for hire in your area. After all, one of the potential drawbacks to hiring a construction manager is that they do not take legal accountability for anything that happens on the construction site. Because of this, it is vital to do your research and ensure that the manager you end up hiring is experienced and reputable ahead of time. This way, you can enjoy greater peace of mind when it comes time to break ground on the project.
Once you have hired your manager, you will need to sign a contract before the work can begin. From there, he or she will begin working as your consultant, ensuring that you get the best deals on quality construction services through every stage of the process.
Last updated on May 23, 2016
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