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Encyclopedia > Contractors

A contractor is in a legal sense one who enters into a binding agreement to perform a certain service or provide a certain product in exchange for valuable consideration, usually money but sometimes other goods or services in a barter arrangement. In the building trades, a contractor is one who is engaged in the construction of a building or buidlings for a client. The construction site is often overseen by a general contractor, who may perform the work entirely through the efforts of himself and his employees or who may employ subcontractors to perform some or all of the work.


The term contractor is also applied to a private company, such as a military contractor, or a school bus contractor, each of which provides products or services to a government.


See Also


  Results from FactBites:
 
Contractor UK - for UK IT Contractors, IT Contracting and Computer Freelancers (275 words)
Contractor UK - for UK IT Contractors, IT Contracting and Computer Freelancers
Contractors: claim cash before the taxman spends it
Take-home pay for contractors could be cut by an average of £10,000.
Contractor - Wikipedia, the free encyclopedia (171 words)
A contractor is a legal term for one who enters into a binding agreement to perform a certain service or provide a certain product in exchange for valuable consideration, monetary, goods,services, even barter arrangements.
General Contractor (GC), ("prime" or "specialty" contractor) is the individual or group that oversees activities on a construction site, and who may perform the work for a client with their own employees and/or "sub-contractors".
The term "contractor" is also applied to any private company, such as a military contractor, or a school bus contractor, each of which provides products or services to a government.
  More results at FactBites »


 
 

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