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What is the role of the general contractor in industrial building construction?
general contractors generally bid for a project, assuming responsibility for the project's planning and overall development. Often, however, the general contractor delegates performance of many specific tasks
Four main factors of production as applied to a typical project in the construction industry?
The four main factors of production as applied to a typical project in the construction industry include: · land as the capital cost of purchase · labour as the human resource to build the project, · capital as the finance required to invest in the project · entrepreneur as the owner of the company providing the inspiration to complete the project
How you can identified the risks at various stages of the project?
The "risks" shouldn't vary during a project or suddenly appear out of nowhere. By definition, any project is a risk. You take risks in order to generate profit. Your "risk" should be identified at the beginning of the project and hopefully it is a financial risk rather than say, a code or OSHA violation or substituting wood for steel... Financial risk is defined in your project pro forma. Job site risks that put people in danger are illegal and should be avoided. Risks taken to violate the code and fool construction inspectors are also ill-advised in that at any time during the construction process, you will be obliged to correct defects and illegal construction whether the inspector passed it or missed it.
How do you write an inception report?
i think an incepion report is a preliminary report which introduce a project area before any construction can begin in that area.
Why is Construction industry is more of a service industry than a manufacturing industry?
The construction industry is considered more of a service industry because it focuses on delivering customized solutions and services to clients, rather than producing standardized products for mass consumption. Each construction project is unique, requiring specialized skills, project management, and client interaction to meet specific needs and regulations. Additionally, the construction process involves collaboration among various stakeholders, including architects, engineers, and contractors, emphasizing the service aspect over traditional manufacturing processes.
What is the role of the general contractor in industrial building construction?
general contractors generally bid for a project, assuming responsibility for the project's planning and overall development. Often, however, the general contractor delegates performance of many specific tasks
Who gets paid with a construction mortgage loan, the contractor or the home owner?
Construction mortgage loans are obtained by the home owners. Most of the funds are used to pay the contractor for the construction project though.
A contractor receives a request from the owner of a company to bid on a large-scale construction project The contractor will prepare a?
solicited proposal
What is a general contractor?
A general contractor is a group or individual that contracts with another organization or individual (the owner) for the construction or renovation of a building, road or other structure. A general contractor is defined as such if it is the signatory as the builder of the prime construction contract for the project A general contractor is responsible for the means and methods to be used in the construction execution of the project in accordance with the contract documents. Said contract documents usually include the contract agreement including budget, the general and special conditions and the plans and specification of the project that are prepared by a design professional.
How much profit does a contractor make on average on a new construction?
10%-30% depending on the client and project.
What is the role of a contractor in construction?
the role of a contractor in construction is to ensure that the structure is built as per drawings. Specifically as per Architectual drawing because it is this drawing which best represents the final structure to an owner. In the fulfillment of their role the contractor will liease with consultants, sub-trades and owners to achieve the common goal of work being completed on time and with in budget.
Can a company withhold money due for a negative change order from one general contractor project to satisfy another construction project with the same general contractor?
Although the contract may prohibit withholding funds from another project, in reality, this action might be taken to put short-term pressure on the contractor.
What are responsibility of a contractor in construction?
A contractor in construction is responsible for overseeing the project from start to finish, ensuring that it is completed on time, within budget, and to specified quality standards. They manage the construction site, coordinate subcontractors, and ensure compliance with safety regulations and building codes. Additionally, contractors are responsible for procuring necessary permits, maintaining communication with clients, and addressing any issues that arise during the construction process. Overall, they play a crucial role in the successful delivery of construction projects.
Concrete Contractor?
form_title=Hire a Concrete Contractor form_header=Have a company professionally lay down the concrete at your next project. How many cubic feet of concrete do you need?=_ What is at the site now?=_ Describe the project:=_
What is an advantage of advantage of public-private partnering?
it allows private contractors to review a construction project with a state administrator and, if necessary, adjust a project's specifications, so that contractor capabilities and project requirements meshed.
What is the name of the person who erects buildings?
The person who erects buildings is typically referred to as a "builder" or "construction worker." More specifically, a "contractor" oversees the construction process, while an "architect" designs the buildings. Depending on their role, various professionals contribute to the erection of buildings, including engineers and project managers.
What is the role of a construction superintendent?
A construction superintendent is charged with the task of overseeing a construction project and ensuring that is completed on time and, ideally, under budget.
