How does your GC get paid?
I'm wondering how everyone is paying their GC. I'm sure there are different ways to go about it. I wasn't home when my husband talked to the GC at the beginning and come to find out my husband said he will pay himself a percentage of material cost. Ths makes very little sense to me. Won't GC always be encouraging us to get higher priced stuff? There would be little motivation to help defray costs. We will be supplying some of our own beams and barn wood etc... So that's not going to work with that stuff either.
Any ideas or suggestions are appreciated. We don't have a "contract". This is a small town and the GC knows my husband very well. I'm going to suggest we put something in writing but I want options on how to suggest we pay him that benefits all of us. - With all due respect, no need to comment on the lack of written contract. We are very savvy people but things are a little different around here and we will be putting it in writing now!:)
This post was edited by Thewitchdoctor on Fri, Feb 28, 14 at 16:54