contractor

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contractor

n. 1) a person or entity that enters into a contract. 2) commonly, a person or entity that agrees to construct a building or to provide or install specialized portions of the construction. The party responsible for the over-all job is a "general contractor," and those he/she/it hires to construct or install certain parts (electrical, plumbing, roofing, tile-laying, etc.) are "subcontractors," who are responsible to the general contractor and not to the property owner. An owner must be sure that the subcontractors are paid by the general contractor by demanding and receiving proof of payment, or the subcontractor will be entitled to payment from the owner based on a mechanics lien against the property. (See: contract, independent contractor, subcontractor)

contractor

a person who is a party to a contract. See e.g. BUILDING CONTRACT.

CONTRACTOR. One who enters into a contract this term is usually applied to persons who undertake to do public work, or the work for a company or corporation on a large scale, at a certain fixed price, or to furnish goods to another at a fixed or ascertained price. 2 Pardess. n. 300. Vide 5 Whart. 366.

References in periodicals archive ?
Global Specialty Trade Contractors Market Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global specialty trade contractors market.
The Federal Trade Commission notes that the scope of a project may necessitate hiring various types of contractors. The more complex a project is, the more likely it is that homeowners will need to hire contractors who specialize in certain areas.
In recognition of the importance to the Contractor of a predictable and prompt cash flow, payments are to be made monthly on the basis.
Contractor: North Cascades Heating & Air Conditioning.
Contractor Connection is a property managed repair solution that has been specifically designed to enhance the policyholder experience for repairing property losses.
In a competitive market and difficult economy, small contractors are pressured to do more jobs within narrower margins, exposing them to costly errors in their work.
"Veriforce is helping operators easily choose the right contractors; ones that meet their established safety requirements," said President of Veriforce, Louie Werderich.
A partnership is formed when contractors accompany U.S.
Contractors and their utility clients operate under different business models due to the fact that contractors are not directly regulated under pipeline safety regulations while the utilities are regulated by federal and state pipeline safety regulations and rates.
Many defense contractor employees work side-by-side with federal employees in Department of Defense (DOD) facilities performing substantially the same tasks affecting billions in DOD spending.
Contractors performing intelligence functions are very different than the traditional technical support contractors Military Intelligence (MI) has used to advise on and/or maintain MI technical systems such as the All-Source Analysis System and other electronic and computer-based intelligence systems.
"NYSAMC is honored to partner with Skanska in its Construction Management Program Construction Building Blocks for minority contractors. We hope that some of those qualified minority contractors will be given the opportunity to become mainstream contractors and work with Skanska and other prime contractors.

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