Three Benefits of Hiring a General Contractor
In the construction industry, a general contractor is a key player. He or she is responsible for the day-to-day operation of the project, from scheduling to quality control to deadlines. A general contractor transforms the vision of an architect, engineer, or interior designer into a reality. Often, a general contractor will oversee multiple subcontractors. Here are some of the benefits of hiring a general contractor. Below are three reasons why.
Payment terms: Most GCs outline a payment schedule for a project that includes an up-front down payment, and the rest is due upon delivery. In some cases, payment may be made in multiple payments over the course of the project, depending on the size of the project. For large projects, a general contractor may request payment upfront, but this approach carries considerable risks. The risks are worth it, however, because a successful project involves a high risk.
Managing project scope: A general contractor coordinates all of the moving pieces of a construction project. They manage the relationships between subcontractors and the building owner, ensuring that all parties are working together and that the project meets its specifications. The GC is the point of contact between the building owner and the different contractors, ensuring that everything is completed to specification and payment is made on time. However, the GC is not the only role of a general contractor, as he or she may also perform the labor and oversee the work of subcontractors.
While hiring a general contractor, it is essential to do your research. Find out as much information as possible about their experience, ask for references and examples of their work. Always hire a general contractor who is licensed in your area. If you are unsure about the license of a general contractor, contact your local Better Business Bureau to ensure that they are not operating in the state you reside. And remember that a general contractor is not necessarily a professional who will charge you more than you would pay for a construction project if you do it yourself.
The job of a general contractor is complex, so they must be able to handle multiple tasks while juggling multiple projects. Additionally, they must be capable of solving problems. Construction projects are notorious for unforeseen challenges, so a general contractor will need to take charge of resolving any problems. Whether the issues are small or large, the role of a general contractor is vital. However, some general contractors are better at problem solving than others.
In addition to completing all of the necessary pre-opening tasks, a general contractor should be aware of any unforeseen issues that could arise during the construction project. Because a general contractor is responsible for all of the subcontractors, he or she will be able to avoid a variety of issues that can arise. Another benefit of hiring a general contractor is that he or she does not have to deal with multiple companies each day, thus reducing the risk of unexpected issues. Moreover, a general contractor will also be covered by liability insurance, which is an added safety feature that is a must for contractors.