Who Is Contractor and Contractee?

The contractee legal definition is defined as a person or business that enters into a contract with another entity that provides services. The entity providing the services is the contractor; the person receiving the services is the contractee. A contract is an agreement that involves at least two parties.

Who is a Contractee in contract costing?

In contract costing there are two parties involved – Contractor (who undertakes the job to be completed) and contractee (owner or the person for whom job is completed). In contract costing the cost unit is the contract itself.

Who is the contractor and who is the client?

Ultimately, the Client, or Owner, has two contracts: one is between the Owner and the Architect and the other is between the Owner and the Contractor. The Architect works for the Owner during the Construction Phase to observe that the Construction Documents are interpreted correctly.