This form is designed for use between Commercial Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Alabama.
Alabama Commercial Contract for Contractor
Category:
State:
Alabama
Control #:
AL-00462-14
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Handyman services in Alabama include basic landscaping (weed removal and lawn mowing), drywall repair, and installations (sliding doors, ceiling fans, and window blinds) and general work that is usually under $50,000.
According to the Construction Financial Management Association (www.cfma.org), the average pre-tax net profit for general contractors is between 1.4 and 2.4 percent and for subcontractors between 2.2 to 3.5 percent.
-Register your handyman business name. -Select your business structure. -Register your handyman business. -Open a Business Checking Account. -Find out about taxes, hire an accountant. -Get Business Software. -Get Liability Insurance. -Register as a Contractor.
To become a Subcontractor Each application requires three work experience references. These should come from either a licensed General Contractor, a Registered architect, a registered Professional Engineer, or any other qualified person as determined by the Board.
In order to obtain a State of Alabama Home Builders License, one must: Complete the appropriate application form and return the notarized application with a check or money order made payable to the Home Builders Licensure Board in the amount of the application processing fee plus the applicable license fee.
General contractors must be licensed to work on commercial or industrial work over $50,000, or residential work over $10,000. As for subcontractors, in order perform any work for a general contractor over $50,000, they must also be licensed.
You don't need a handyman licenses in Alabama to operate as a Handyman, but should you elect to take on larger projects, a contractors license will be required to stay within the law.
Average General Contractor Rates General contractors charge at about 10 to 20 percent of the total construction project cost. For even larger projects, you might pay closer to the 25 percent mark for professional construction services.
If you need an Alabama general contractors license, you can obtain it by applying with the state Licensing Board for General Contractors. The official application form should be submitted together with the licensing fee, which is $300. You need to provide all relevant business and personal details in your application.