Subcontractors – Paying (cont., pg. 3)

 

Types of Subcontractors and How They Are Paid


Framing

Framers are paid at a set price per square foot of house.  The total to be paid is based upon footage “under beam.”  That is the total square footage of heated living space, plus garage, and anything with a ceiling over it, such as a covered patio or covered door stoop.  That total figure should be stated on your set of plans.

 

You provide all materials including nails.  Framers put more nails into your house if they’re not paying for them.

That’s a good thing.

A common payment schedule is one-third of total for first floor, another third for second floor, and the balance upon completion.

On most jobs, I withhold a $500 balance until framing inspection passes.  Three percent of total framing contract price is a fair amount to withhold.


Electrician

Electrical contracts may be figured at a price per square foot of house, or by a price per “drop.”  A wire that is run for a plug, switch, fixture, etc, is known as a drop.

The more you have, the more you pay.  Either way, you can determine a total contract price in advance by reviewing your plan.

For this price, the electrician provides all labor and materials except appliances and light fixtures.

I pay my electrician half of the total contract after rough-in (immediately after framing) and inspection passes.

The balance is paid after electric final is complete and inspection passes.

 

Read more about Paying Subcontractors

 

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