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For the Execution of a Project a Contractor is

By BYJU'S Exam Prep

Updated on: September 25th, 2023

For the execution of a project a contractor is-

  1. A person
  2. A firm
  3. An agency
  4. All of the above

Answer: D. All of the above

For the execution of a project a contractor is all of the above.

Solution

  • Contractor is a person or firm or an agency, hired to perform work for another person or firm on contract basis to provide materials or labour to perform a service.
  • Contractor is accountable for supplying all the materials along with the equipments that is required to perform the project.
  • Contractor’s accountability is to validate the vendors and make secure the quality of the material in the construction sites.

Various types of contractors are:

  1. General contractor: accountable for the overall management of a construction project
  2. Subcontractor: accountable for accomplishing only a specific portion of a contract
  3. Independent contractor: employed to perform a specific task, such as masonry

Here, the correct option is D.

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