Types of Building Contractors
When it comes to building your home, you may need to hire the services of Building Contractors. These contractors are responsible for managing the construction site, managing the vendors and trades, and communicating with all parties on the project. There are many types of contractors to choose from. Let’s take a closer look at what they do.
A general contractor (GC) manages the construction of a building, including hiring and paying subcontractors. In some cases, the GC will also manage the design. In other cases, the GC will oversee the design only and will work with an architect to create the final design. Depending on the project, the GC will also manage the budget and coordinate with other subcontractors.
When choosing a general contractor, you should look for a contractor that has a good portfolio, positive feedback from previous clients, and contract package prices that are reasonable. Moreover, make sure that the contractor is available daily to answer any questions or concerns. The general contractor should be licensed in each state where the project is located. In some states, contractors must also provide proof of liability insurance, a business address, and a tax ID number.
The role of a general contractor is to oversee the construction project from start to finish. Whether it is a residential or commercial project, a general contractor is an essential part of the construction process. A general contractor oversees the work of subcontractors and ensures that the work is of the highest quality. It is also responsible for safety on the job site.
The general contractor is the point of contact between subcontractors and building owners and makes sure that everything is running smoothly. He or she acts on any issues that could negatively impact the project schedule or quality of work. GCs also ensure that all labor is performed to specifications and that payments are disbursed on time.
A general contractor must be licensed. The license costs $500 and is valid for two years. Applicants from out-of-state must submit a Certificate of Authority to Conduct Business, proof of a physical address in the state, and the name of a contact in the state of residence.
The prime contractor for building contractors works with other companies to complete their projects. They are required to follow the requirements of the prime contract, which means they have to have a good reputation and high-quality work. Prime contractors need to build relationships with subcontractors to expand their business. Most prime contracts require large percentages of subcontractor work. Developing a network of quality subcontractors is vital to increasing profits and customer satisfaction.
The primary responsibility of the prime contractor is to complete the project on time and within the budget. In addition, they are also responsible for managing the work and communicating with the project owner. A prime contractor may also be responsible for hiring subcontractors who specialize in certain areas, and they may have different skills than a general contractor.
Subcontractors perform specific tasks on a job, usually with special expertise, training, certification, or licensure. For example, a prime contractor may hire an electrician as a subcontractor for the electrical work. These individuals have the specialized knowledge and training to perform the work safely and correctly. Other subcontractors that may work for a prime contractor include interior designers, animators, and graphic designers.
While job growth in the building construction industry is expected to remain steady, the outlook for prime contractors and subcontractors will vary based on the type of industry they work in. Some specializations, such as solar photovoltaic installers, are more likely to grow than others. Therefore, it is important to know the specific job outlook for prime contractors. It is a good idea to know the job outlook before committing to a particular contractor.