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Church Administrator, Lead, Construction , VA, Questions.

VirginiaRetainage

I'm the owner of a Church building PROJECT. Why I'm I paying a 5% fee on Stored Materials on my site????? Just trying to understand if this Contractor Fee is standard or even business class. Thanks for your help.

2 replies

Jun 13, 2020
The answer depends on the terms of the contract.
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Jun 13, 2020
The short answer is probably that your contract says so. As to whether this is normal, I would say, it depends on the contract you have, but for a standard lump sum contract, the answer is no. But again, it depends upon what you negotiated.
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