CONTRACTOR

contractor. 1. A party to a contract. 2. More specif., one who contracts to do work or provide supplies for another. competent contractor.A contractor who has the knowledge, skill, experience, and available equipment to do the work that he or she is employed to do without creating an unreasonable risk of injury to others and who has the personal characteristics necessary to carry out the work. general contractor.One who contracts for the completion of an entire project, including purchasing all materials, hiring and paying subcontractors, and coordinating all the work. — Also termed original contractor; prime con-tractor. [Cases: Contracts  197. C.J.S. Contracts § 11.] independent contractor.See INDEPENDENT CONTRACTOR. subcontractor. See SUBCONTRACTOR. CONTRACT RATE contract rate.See INTEREST RATE. [Blacks Law 8th]