Keyword Analysis & Research: contractor

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Frequently Asked Questions

What is the difference between a builder and a contractor?

A builder can also be an architect, or he/she may work with an architect to build according to their drawings and specifications. The general contractor oversees all aspects of the construction process, from hiring subcontractors and negotiating prices to managing deadlines and budgets. What’s the job of each professional?

What is a contractor contract?

In an employment contract (a ‘contract of service’), the employer is obliged to provide work and the employee is obliged to do that work. A Contractor has a ‘contract for services’ in which there’s no such obligation – the contractor agrees to provide services to the client in accordance with an agreed schedule.

What is the legal definition of a contractor?

Legal Definition of general contractor. : a person or business entity that contracts to be in charge of a building project usually involving the use of subcontractors. — called also original contractor, prime, prime contractor.

What is contractors protective coverage?

When many insurance professionals request contractor's protective coverage, it usually means they are looking for a true professional liability product with an additional coverage part: contractor's protective. Protective coverage is a first-party coverage that indemnifies the named insured, excess of the design professional's professional liability insurance, for costs the named insured incurs, and is legally entitled to recover, as a result of negligent acts, errors, and omissions of ...

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