contractor
A person or business which provides goods or services to another entity under terms specified in a contract. Unlike an employee, a contractor does not work regularly for a company. also called independent contractor.
Related Terms
Related Terms on BusinessDictionary
termination for default
bid bond
pre-bid shopping
approved bidders list
performance bond
subcontractor
pre-award survey
change order
letter of refusal
time and materials (T&M) contract
construction cost
letter contract
notice to proceed (NTP)
labor and material payment bond
cross-collateral clause
settlement proposal
award-term contract
retention bond
cost plus contract
post bid shopping
cost plus fixed fee (CPFF) contract
terminated portion of the contract
certificate of competency
ineligible bidder
contractor's option
post tender negotiations
cost plus incentive fee (CPIF) contract
general contract
termination for cause
certificate of substantial completion
prequalification of bidders
contract owner
cost reimbursement contract
guaranteed maximum price (GMP)
termination for convenience
responsible bidder
contract price
cost sharing contract
holdback
change order proposal
prime contract
pricing agreement
design-build (D-B) contract
letter of interest (LOI)
chemnet
tooling costs
contract revenues
restricted bidding
design build operate maintain (DBOM) contract
total potential cost of a contract
retroactive pricing
lump sum bid
contractee
mechanic's lien
competitive negotiation
turnkey
contract financing payments
limitation of cost clause
work order
convenience termination clause
progressive payments
bid shopping
fixed price contract
limitation of funds clause
completion guarantee
should-cost estimate
proposal evaluation criteria
bid threshold
incentive-type contract
main contractor
construction, alteration, repair (CAR)
cost of work
proprietary rights
bilateral modification
indivisible contract
mobilization
cost proposal
bid bond
pre-bid shopping
approved bidders list
performance bond
subcontractor
pre-award survey
change order
letter of refusal
time and materials (T&M) contract
construction cost
letter contract
notice to proceed (NTP)
labor and material payment bond
cross-collateral clause
settlement proposal
award-term contract
retention bond
cost plus contract
post bid shopping
cost plus fixed fee (CPFF) contract
terminated portion of the contract
certificate of competency
ineligible bidder
contractor's option
post tender negotiations
cost plus incentive fee (CPIF) contract
general contract
termination for cause
certificate of substantial completion
prequalification of bidders
contract owner
cost reimbursement contract
guaranteed maximum price (GMP)
termination for convenience
responsible bidder
contract price
cost sharing contract
holdback
change order proposal
prime contract
pricing agreement
design-build (D-B) contract
letter of interest (LOI)
chemnet
tooling costs
contract revenues
restricted bidding
design build operate maintain (DBOM) contract
total potential cost of a contract
retroactive pricing
lump sum bid
contractee
mechanic's lien
competitive negotiation
turnkey
contract financing payments
limitation of cost clause
work order
convenience termination clause
progressive payments
bid shopping
fixed price contract
limitation of funds clause
completion guarantee
should-cost estimate
proposal evaluation criteria
bid threshold
incentive-type contract
main contractor
construction, alteration, repair (CAR)
cost of work
proprietary rights
bilateral modification
indivisible contract
mobilization
cost proposal
punch list
bill of materials (BOM)
labor hour contract
mobilization base
construction firm
record drawings
construction inspector
cost reimbursement
draft request for proposals
application for payment
lump sum contract
occupancy phase
construction phase
request for tenders
maintenance bond
maintenance contract
continued portion of contract
date of commencement of the work
penal bond
approved change
contract management
stop work order
contractability
default probability plan
statement of work (SOW)
assignment of claims
negotiated contract
contract audit
delay-in-startup insurance
statute of repose
prepayment bond
contractor acquired property
contract award
delegation
subcontract
back to back credit
contractor furnished property
contract cost analysis
design-build-operate-maintain contract
subcontractor bond
best and final offer (BAFO)
contractor-owned, contractor-operated (CO-CO)
peculiar risk doctrine
down selection
prime contractor
penalty and bonus clause
cost plus award fee (CPAF) contract
facility management
teaming arrangement
certificate for payment
contractor's all risks insurance
general conditions
pricing arrangement
service contract
open contract
competitive bidding
candidate
payment schedule
bidder
completion
output
bid price
supplier
client
owner
principal
bond
bill of materials (BOM)
labor hour contract
mobilization base
construction firm
record drawings
construction inspector
cost reimbursement
draft request for proposals
application for payment
lump sum contract
occupancy phase
construction phase
request for tenders
maintenance bond
maintenance contract
continued portion of contract
date of commencement of the work
penal bond
approved change
contract management
stop work order
contractability
default probability plan
statement of work (SOW)
assignment of claims
negotiated contract
contract audit
delay-in-startup insurance
statute of repose
prepayment bond
contractor acquired property
contract award
delegation
subcontract
back to back credit
contractor furnished property
contract cost analysis
design-build-operate-maintain contract
subcontractor bond
best and final offer (BAFO)
contractor-owned, contractor-operated (CO-CO)
peculiar risk doctrine
down selection
prime contractor
penalty and bonus clause
cost plus award fee (CPAF) contract
facility management
teaming arrangement
certificate for payment
contractor's all risks insurance
general conditions
pricing arrangement
service contract
open contract
competitive bidding
candidate
payment schedule
bidder
completion
output
bid price
supplier
client
owner
principal
bond
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