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| +52 | Leave brokerage to be GP | 12 | 2d | |
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5-6.5% for GCs, on the lower side for large contract value projects (ie, $50M+ hard cost value) in a GC & fee/GMP type pricing structure. That excludes corporate overhead/G&A which is obviously just covered by their general fee percentage , which is in the 3-4% range. Major east coast market.
OH&P (Fee) is pretty consistent around 3 - 5%. Guys I work with a lot is on the lower end. For General Conditions including supervision, this number seems to run around 7% of cost of work. Depends on how they are set up for staffing. The staffing/supervision breakout from the General Conditions runs about 60% of the overall GC's. Thats a full heavy staff of on site PM, APM, PE, a couple of superintendents, maybe more. I find the multi family projects take more staffing than any other asset I have built. Major West Coast market.
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