What Is a General Contractor?
A general contractor is also known as a prime contractor or main contracting company. They are responsible for the day-to-day operations of a construction site, coordinating vendors, trades and communication among all parties. The following article will explain the main functions of a general contractor. Let’s begin by defining what a general contractor does. Once you understand these roles, you can choose the right one for your construction project. Here are a few tips to consider when hiring a general contractor.
Cost. Some general contractors charge cost plus 15% to 20% of the materials and labor to complete a project. Others charge a flat fee for the entire project. Whichever method you decide to choose, you should be aware of the cost of hiring a general contractor. Although cost plus percentage pricing may be more flexible, you’ll find it hard to predict the final total. If your budget is specific, a flat fee bid is a better choice.
Experience. When you hire a general contractor, you’ll benefit from their long-term relationships with subcontractors, many of whom specialize in one area of construction. Some subcontractors work with a general contractor on multiple projects and have a wealth of experience. A general contractor is responsible for their subcontractors’ quality, efficiency and behavior. It also helps to know the history and track record of the contractors you’re considering. In some instances, a general contractor may even hire a subcontractor to complete specific aspects of a project.
Before becoming a general contractor, you must meet several requirements. You must have at least four years of experience. In addition to having the proper education and training, you must have passed a licensing exam in your state. Licensing requirements may vary from state to state. You should also be insured against a variety of damages and liabilities. If you want to become a general contractor, you should consider taking training programs offered by the Associated General Contractors of America (AGCA).
A general contractor is responsible for the overall success of a construction project. He coordinates the work of the various trades and supplies, and oversees the process. He also serves as a liaison between the design team and the construction workers. In addition to overseeing construction activities, a general contractor may also be a building designer and foreman. In addition to providing the necessary labor and materials, a general contractor is also responsible for the final product.
While a GC may be needed for a large construction project, smaller scale projects often require only a GC to complete the work. The GC will coordinate the activities of the subcontractors and the building owner, and will ensure that the construction project is completed to specification. In addition, the GC will be the main contact between the building owner and subcontractors. The GC will ensure payment is made promptly, and will oversee the entire process.