Percentage fee for managing build project

  • Thread starter PennyFoolish
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PennyFoolish

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Does anybody have any idea what a normal percentage fee would be to pay somebody who has overseen a renovation project? I got renovation work done on a holiday home, and the person who organised it for me in my absence has now become a good friend and changes the subject whenever I start to talk about paying him. I'd like to just send him the money and save him the embarassment, especially since I know he and his wife are strapped for cash right now.
 
10% of the initial budget wouldn't be out of order. Most contractors would look for a bigger markup than this, I'm sure. If he did any work other than the supervision, that should be paid at an hourly rate, even if he was on site anyway.
 
Hi Penny

Sorry I misunderstood your question and posted a rather pointless reply above. Apologies.
 
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