Just wondering how everyone around the country pays framing subs (or gets paid). What percentage when, etc.?
Thanks in advance,
Bill
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Right now in MA things are pretty good for us framers. In the ball park of 6 to 8 bucks a sq foot. No pine, no live valleys, flying rakes or decks/porches...those are all "extras". Typical 3500 sq foot home, cedar deck, one or two valleys, corner boards, frieze, water table etc $25 - $30 grand. Just got finished up a 3888 sq ft "Cape" that ran $85,000! She's a beaut though!
Edited 11/11/2002 11:02:29 PM ET by dieselpig
Sorry, Diesel. What I meant to ask is what percentage you get paid and when. For instance do you get paid 20% up front and 30% when framed and more with windows and doors installed etc?
I'm just wondering if there is some standard, couse it's pretty haphazard here in the Iowa Quad Cities.
Thanks,
Bill C. Smith
The GC's I work for usually pay once a month. I usually base my billing on how much i have done when its time for an invoice, keeping in mind that its nice to leave a little extra for your last bill.
Bill,
Busy week! Now I understand better! Normally I don't take anything up front. After the first full week I usually pull around five grand. That is a rough figure that represents what it costs me to run the crew for a week. Normally I check out the site a day or two before I'm supposed to start to make sure it is back filled adequetley, foundation is actually ready etc. In addition I ask for lumber to be dropped a day before I'm scheduled to start. If it's a go, then I'm there first thing the next morning. With builders and GC's that I know well I may not take a payment until the entire job is complete, but as a rule I never let anyone get into me for more than 10 grand or so. I usually continue to just pull the $5000 a week and take larger payments the last two or three weeks depending on the size of the job. On the morning I start a new frame I usually hand the builder a copy of a payment schedule and have him sign mine. Most readily oblige. Hope that helps