What Does a General Contractor Do?
A general contractor is an individual who oversees the construction site. In addition to overseeing the day-to-day activities of the construction site, they also coordinate with vendors and trades. They must communicate important information to all parties involved in the project. Some of their responsibilities include:
Payment schedule: Most GCs will outline a payment schedule based on the timetable for the work and the amount of the project. A down payment is usually required to begin the project and the remainder is due upon completion. Large projects may require more than one payment, with the final payment due when the work is completed. However, be aware that a GC who asks for payment up-front is an independent contractor and will incur additional risks.
Role: As the principal contractor of a project, the general contractor signs a prime contract. The contractor hires subcontractors and suppliers and is ultimately responsible for the success of the project. The contractor may be an individual, partnership, corporation, or other business entity. The general contractor oversees the construction process from beginning to end. It is often the GC who initiates the bidding process, and coordinates the various moving parts of the project.
Experience: A general contractor who is experienced is likely to have the knowledge and skills to take on experimental projects. Experience is key when selecting a general contractor, and it is important to choose someone who is licensed and bonded. If the project is complicated, an experienced general contractor will have the necessary skill set to complete the project in a timely fashion. And always ask about their insurance. You never know what you may need. If you’re buying a new home, you’ll have a hard time finding the right contractor – you might not want to take on all the risk of hiring a subcontractor who isn’t licensed and bonded.
In order to become a general contractor, you must have several years of construction experience. In addition to experience, aspiring general contractors may also want to learn how to deal with subcontractors. This will help them develop their communication and management skills. A minimum of four years of experience is required. Some jurisdictions require proof of financial stability before an applicant can be licensed. However, you may be able to find a job as a general contractor if you already have some experience.
A general contractor’s license is valuable, as they oversee many construction projects. Their expertise, knowledge, and expertise in building maintenance and regulation is essential. Licensing will also enhance their credibility. In addition to insurance, a contractor should have a professional license to work in the state. There are a few things to look for in a general contractor before hiring one. Licensed contractors should have the following:
Under North Carolina law, a general contractor is someone who contracts with another person to manage and supervise construction. While it’s possible for a person to be hired without a license, a general contractor has a responsibility to ensure the project is done right. It is their responsibility to supervise and coordinate subcontractors to ensure the project is completed without compromising the quality or integrity of the project. If you need a licensed contractor, contact the Better Business Bureau for a referral.