Subcontractor

Definition

• An individual or company that does specialty work for a general contractor such as an electrician or plumber.
• Subcontractors are employed by companies in order to help them fulfill their contractual services. Anyone who enters into a contract with the primary contractor may be considered a subcontractor.

Synonyms
skilled labourer, handy-man, carpenter, programmer, tradesman, builder

Related Terms and Acronyms

• Borrow Pit — Definition,
  • A hole from which topsoil, gravel, or other material is removed for use in a construction project.
• Contractor — Definition,
  • One who constructs or oversees construction of a house or a large renovation.
  • Someone that agrees to furnish materials or perform services at a specified price.
• Cost-plus Contract — Definition,
  • An agreement in which a construction contractor receives a fee based on a percentage of all costs paid for labour and materials.
• Custom Builder — Definition,
  • A contractor that constructs or remodels houses based on plans submitted by the client.
• Developer — Definition,
  • To develop or create something.
  • Companies that buy land and put up buildings for rent or sale.
• Draw Mortgage (DM) — Acronym,
  • A periodic payment made to a construction contractor or subcontractor as work progresses. A draw is part of a construction mortgage.
  ➥ See Progress Advance Mortgage (PAM).
• Drywall — Definition,
  • Panels of gypsum plaster wrapped in thin cardboard and attached to the house framing to create interior walls.
• General Contractor — Definition,
  • The person or company that performs work on a construction project, hires subcontractors and suppliers, or both.
• Self-Build Insurance — Definition,
  • Insurance that covers a homeowner for problems involved in a construction project.
• Speculation Builder — Definition,
  • A developer that builds houses without a commitment from a purchaser.