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murphy7650

General Contractor Pricing - what is fair & best practice?

J M
last year

I live in Northern Cal and we are working with a restoration co. to fix the water damage we've had in our home, from the recent storms and rainy season. The restoration co. has completed the mitigation, and is starting the restoration next week. I just discovered that they are adding 24% to the cost of the flooring I've selected, in addition to the 10% profit and 10% overhead line items on their estimate. Is this type of mark-up on materials an industry standard? I've never worked with a GC before and would like to understand what is fair and reasonable. Thank you!

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