About Construction Projects in Indianapolis, IN
Indianapolis is in the midst of an apartment boom. In 2017, developers are planning to add around 3,700 new apartments to the city. This means contractors are likely to see an influx of work over the next year. If you’re a builder in Indianapolis, here’s what you need to know to make sure your building jobs flows smoothly.
Before you start to build in Indianapolis, you first need to apply for a building permit. You will need a permit for:
- New buildings
- Making changes to buildings
- Wrecking buildings
- Electrical, plumbing, and HVAC work
- Sewer hookups
- Installing gas lines and tanks
- Fences, pools, sheds, garages, and retaining walls
You can apply for permits at The City of Indianapolis and Marion County. General contractors applying for permits must have a license and liability insurance, and they must pay the relevant fees.
Permit fees vary. All, however, include a nonrefundable application fee of $32. For example, the fee for building a new house is $217 plus $32. Remodeling, on the other hand, will cost $159 plus $32. The $32 application fee applies whether or not you receive the permit.
All contractors, including general, electrical, HVAC, plumbing, and wrecking contractors require a license to work in Indianapolis.
Electricians need six years’ work experience and must pass an exam. Plumbers must include a copy of their Indiana State Plumbing License card with their application. Plumbers must also renew their license every two years.
License fees for general, electrical, HVAC, and wrecking companies cost $247 and $377 for individual contractors. Plumbing license fees cost $142.
Insurance Coverage for Contractors
On building sites, workers can be hurt or even killed. The property could also suffer damage. For this reason, general contractors need insurance to cover any unforeseen problems that may come up. This includes:
- General liability insurance. This must cover at least $500,000 per death or injury and $100,000 for each incident of property damage. It must also include a combined single limit coverage of at least $500,000 to cover both worker injury and property damage
- A surety bond of $10,000
- Workers’ compensation
Those building an eco-friendly home in Indianapolis will enjoy lower permit fees. If your project meets certain green building standards, you qualify for a rebate. These include:
- Water quality or quantity
- Innovation design
If you meet the minimum criteria for three categories, you pay 30 percent less on fees. For every additional category, a further 10 percent comes from your fees, up to a maximum of 50 percent. Simple things like including ENERGY STAR rated HVAC systems, lighting, and appliances all count towards your green status.
The soil in Indianapolis is mostly made of sandy clay loam, which means the soil is strong when it’s dry but prone to waterlogging. Think carefully about the soil type when it comes to renting your boom lifts, manlifts, scissors lifts, and rough terrain forklifts.
To start and finish your building job quickly, make sure you have the proper credentials, know what permits you need, and when to call for inspections. You’ll get through your projects faster and with fewer hiccups.