What A General Contractor Does

Summary by Krater

An experienced builder discusses the responsibilities, risks, and selection process for hiring a general contractor on a construction project, concluding that hiring a reliable contractor involves transferring risk in exchange for a premium.

From the video

Answers: What does a general contractor do and what should I know before hiring one?

• General contractor responsibilities
• Construction project risk management
• Hiring subcontractors
• Material sourcing and supplier familiarity
• Evaluating construction risks and pitfall management

What it concludes

• A general contractor takes responsibility for the outcome of a construction project and manages the inherent risks.
• Familiarity with local materials, suppliers, and subcontractors is a key part of a general contractor's value.
• Hiring a general contractor means paying a premium in exchange for transferring project risk and responsibility away from the client.