Contractor is synonymous with contractor. “Contractor” comes from the word “contract” which means a letter of agreement or a contract agreement can also mean a lease, so that the contractor can be equated with a person or a legal entity or business entity who is contracted or hired to carry out a work project based on the contents of the contract he won from the owner. a project which is a government agency/institution, legal entity, business entity, or individual that has made an official appointment along with the appointment rules and project targets or the order/work in question is contained in the contract agreed between the project owner (owner) and the implementing contractor. . The area of the contractor’s business field is actually very wide and each contractor has a business focus and specialization in their respective fields, for example:
- Building contractor providing construction services
- Contractors in the field of labor procurement services
- Defense and military contractors
- And others
A contractor is a person or company that provides goods or services to another entity, on the terms specified in the contract. Unlike an employee, a contractor does not regularly work for a company. Also called an independent contractor.
The construction of a building is a complicated process that implies knowledge of architectural design, building codes, urban planning regulations and basic elements of construction. A residential construction entrepreneur oversees the construction of individual homes and multi-unit housing projects. A commercial construction entrepreneur oversees the construction and remodeling of stores, shopping malls, hotels, and other commercial projects. Most construction entrepreneurs own their own businesses and many of them worked in the construction industry before becoming contractors.
A construction entrepreneur meets, requests bids and schedules from all of the subcontractors that are needed to complete the project. The new owners or business owner contracts with the construction contractor, as well as the construction contractors’ contracts with subcontractors and suppliers. Contractors typically charge from 10 percent to 15 percent of the total project cost for this service. For example, if the contractor oversees a $ 1 million project, his commission for doing so could be in the neighborhood of $ 100,000 to $ 150,000.
The civil works contractor is one that the construction company often entrusts the work of hiring the personnel who will carry out the structure. The construction company puts the engineers, the architect and the financiers who are in charge of controlling the budget. The civil works contractor must hire companies and independent workers. For example bricklayers, laborers, carpenters, roofers, plumbers, ceramics, painters, heating specialists, floor installers.
The civil works contractor ensures that the people hired have sufficient experience, skills and materials, and must also coordinate with the Site Manager or the engineer in charge the schedule of tasks to be carried out until the building is finished, with the purpose that coincides with the deadlines agreed in the project.