What Is a Prime Contract in Construction
Prime Contracting Prime Contractors Work Directly with the Government. They Manage Any Subcontractors and Are Responsible for Ensuring That the Work Is...
Prime contracting Prime contractors work directly with the government. They manage any subcontractors and are responsible for ensuring that the work is completed as defined in the contract. To become a prime contractor, you must first register your business with the System for Award Management (SAM).
What does prime contractor mean in construction?
Prime contracting Prime contractors work directly with the government. They manage any subcontractors and are responsible for ensuring that the work is completed as defined in the contract. To become a prime contractor, you must first register your business with the System for Award Management (SAM).
What is a prime contractor vs general contractor?
A “prime” or “direct” contractor is a contractor that has a contract directly with the property owner. A “general” contractor refers to a contractor in charge of hiring subcontractors and coordinating their work, keeping the job on track for timely and on-budget completion.