A demolition contractor is an individual who is specially trained in tearing down old or unused buildings. C.P.A. Construction Consultant – Someone who has seen a bunch of tax returns and thinks they know how to run a construction business. Many contractors use the AIA form contract which is a fair contract for both parties. Emerging Contractor – Someone who is moving to a little less hands-on role in their contracting company you could be an Emerging Contractor.
Oregon law requires anyone who works for compensation in any construction activity involving improvements to real property to be licensed with the Oregon Construction Contractors Board (CCB). The contract should also address who pays for permits, insurance, change orders and special equipment.
They would either be employed through an Umbrella Company who pays them (and pays their taxes) or have their own limited company, or they are a sole trader and pay their own taxes. So you hire these mavericks, the job gets on schedule and you pay them. People are concerned about paying a high interest rate during construction and should be, but the truth is, construction loan rates are not that bad.
ICA has also conducted joint meetings with some International Contractors and Associations to facilitate closer cooperation among organizations in the area of construction industry. Instead of having a permanent worker that takes direction from the company, your business would use an independent contractor who works under their own guidance.
For Department of Defense contractors, the National Industrial Security Program Operating Manual (NISPOM) is the most frequently used. Ask to see each contractor’s license. Unlike contractors, employees are covered by minimum-wage and overtime laws Businesses must also contribute to unemployment insurance and workers’ compensation funds on their employees’ behalf.