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
bid bond
termination for default
approved bidders list
performance bond
subcontractor
pre-bid shopping
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
pre-award survey
change order
letter of refusal
time and materials (T&M) contract
construction cost
record drawings
construction inspector
cost reimbursement
draft request for proposals
lump sum contract
occupancy phase
application for payment
construction phase
maintenance bond
request for tenders
maintenance contract
continued portion of contract
date of commencement of the work
penal bond
contract management
stop work order
approved change
contractability
default probability plan
statement of work (SOW)
negotiated contract
assignment of claims
contract audit
delay-in-startup insurance
prepayment bond
statute of repose
contractor acquired property
contract award
delegation
subcontract
contractor furnished property
back to back credit
contract cost analysis
design-build-operate-maintain contract
subcontractor bond
contractor-owned, contractor-operated (CO-CO)
peculiar risk doctrine
best and final offer (BAFO)
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
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
termination for default
approved bidders list
performance bond
subcontractor
pre-bid shopping
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
pre-award survey
change order
letter of refusal
time and materials (T&M) contract
construction cost
record drawings
construction inspector
cost reimbursement
draft request for proposals
lump sum contract
occupancy phase
application for payment
construction phase
maintenance bond
request for tenders
maintenance contract
continued portion of contract
date of commencement of the work
penal bond
contract management
stop work order
approved change
contractability
default probability plan
statement of work (SOW)
negotiated contract
assignment of claims
contract audit
delay-in-startup insurance
prepayment bond
statute of repose
contractor acquired property
contract award
delegation
subcontract
contractor furnished property
back to back credit
contract cost analysis
design-build-operate-maintain contract
subcontractor bond
contractor-owned, contractor-operated (CO-CO)
peculiar risk doctrine
best and final offer (BAFO)
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
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)
tooling costs
chemnet
restricted bidding
contract revenues
design build operate maintain (DBOM) contract
total potential cost of a contract
lump sum bid
retroactive pricing
contractee
mechanic's lien
turnkey
competitive negotiation
contract financing payments
limitation of cost clause
work order
bid shopping
convenience termination clause
progressive payments
fixed price contract
limitation of funds clause
completion guarantee
bid threshold
should-cost estimate
proposal evaluation criteria
incentive-type contract
main contractor
construction, alteration, repair (CAR)
bilateral modification
cost of work
proprietary rights
indivisible contract
mobilization
bill of materials (BOM)
cost proposal
punch list
labor hour contract
mobilization base
construction firm
open contract
pricing arrangement
service contract
competitive bidding
candidate
payment schedule
bidder
completion
output
bid price
supplier
client
owner
principal
bond
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)
tooling costs
chemnet
restricted bidding
contract revenues
design build operate maintain (DBOM) contract
total potential cost of a contract
lump sum bid
retroactive pricing
contractee
mechanic's lien
turnkey
competitive negotiation
contract financing payments
limitation of cost clause
work order
bid shopping
convenience termination clause
progressive payments
fixed price contract
limitation of funds clause
completion guarantee
bid threshold
should-cost estimate
proposal evaluation criteria
incentive-type contract
main contractor
construction, alteration, repair (CAR)
bilateral modification
cost of work
proprietary rights
indivisible contract
mobilization
bill of materials (BOM)
cost proposal
punch list
labor hour contract
mobilization base
construction firm
open contract
pricing arrangement
service contract
competitive bidding
candidate
payment schedule
bidder
completion
output
bid price
supplier
client
owner
principal
bond
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