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The term contractor is a concept that is used in a variety of industries. In the world of construction, a contractor is a party in charge of overseeing a construction project and who signs the prime contract with the property owner. They can also be referred to as direct contractors or prime contractors. The disparity between the terms is minimal but receiving payment on a construction project is highly dependent on the role that the party in question plays. The person who hired the person or organization to work on the project determines the project position. Contractors frequently own and operate their own businesses. They can manage a team of plumbers, electricians, masons, carpenters, ironworkers, and other specialists, as well as employ subcontractors, to complete specialized construction work.
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