contractor


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contractor

a person or firm which enters into a legal CONTRACT with another person or firm to supply goods or services. For example, in the building industry a housebuilder may employ contractors to undertake the plumbing and electrical work involved in the construction of houses, rather than do this work himself. The plumbing and electrical contractors would provide, for the contract price, all piping, wire, etc. needed, plus the specialist workers to install them. In turn, the plumber may enter into an agreement with a subcontractor to install the timeclocks and electrical controls for the central heating system. Complex projects requiring a large number of specialist inputs are frequently undertaken on a CONSORTIUM basis.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

contractor

a person or firm that enters into a CONTRACT enforceable in law with another person or firm to supply goods or services. For example, a house builder may employ contractors to undertake the plumbing work involved in the construction of houses rather than do this work itself. The plumbing contractor would provide, for the contract price, all piping, wire, tanks, etc., needed, plus the specialist workers to install them. In turn, the plumber may enter into an agreement with a subcontractor to install the time clocks and electrical controls for the central heating system.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

contractor

One who supplies labor and materials to provide services in connection with the construction of an improvement on real estate. General contractors must typically be licensed by the state.An exception is made for property owners who act as their own general contractors or for general contractors of projects below a certain dollar limit.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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