A general contractor is a major player on any construction project. He or she oversees all aspects of the project, from managing trades and vendors to communicating information to all stakeholders. Here are some things you should know about this type of contractor. Below, we discuss some of the most common tasks that a general contractor performs.
General contractors coordinate labor and subcontractors on a construction project. Construction projects often require skilled laborers. In addition to managing these subcontractors, a general contractor also coordinates deliveries of materials and supplies with suppliers. This is essential because delays in key elements can cause the project to stall. A general contractor also has contacts with supply stores and wholesalers.
When selecting a general contractor, it is important to consider what kind of pricing structure they use for a project. Most general contractors charge a percentage of the total cost of materials and labor, while others will charge a flat fee. While a cost plus percentage is more flexible, it can also be difficult to predict the total cost in advance. If you have a very specific budget, a flat-fee bid might be a better choice.
Before hiring a general contractor, make sure you research their experience and credentials. Ask for references and examples of their work. You can also check their licenses and insurance coverage. Additionally, many general contractors specialize in certain areas, which means some may be better suited for a simple home remodeling project while others are more suited for a large building project.
Another important thing to know about general contractors is that some jobs require bonding. Bonding protects the homeowner in case a subcontractor is not performing a quality job. It also protects the contractor’s finances. In addition to requiring bonding, many states require general contractors to have workers’ compensation insurance.
An experience general contractor can be invaluable in your project. An experienced contractor can manage even experimental builds. The right general contractor can also handle high-end projects. They will know how to build luxury homes that exceed expectations. If you are looking for a general contractor in Los Angeles, consider Fanuka Inc. The company has been in business in the area for 17 years. The company is a respected name in the industry, thanks to its founder.
A general contractor will oversee the construction project, including hiring subcontractors and applying for permits. In addition, they will supervise the workers. It is important that the general contractor manages the construction process to avoid delays. Even if a project is small in scale, a delay can have a negative impact on the construction schedule.
General contractors in California must be licensed. They should have four years of experience and pass an exam. They should also be insured and have a surety bond. If they are not licensed, they could face jail time and penalties.