real estate agent with House model and customer discussing for the contract to buy house, insurance

Businesses that undertake construction by undertaking the construction of a structure whose ownership will belong to others are called “Construction Contracting Businesses”. As can be understood from the definition, construction contracting businesses undertake construction activities on behalf of real and legal persons who want to have construction work done. This relationship starts with a contract between the employer (the real or legal person who will build the construction) and the construction contracting company.
Prior to the contract between the employer and the construction contracting companies for the construction of the building, there are certain actions that the employer must take.

  • Preparation of the project,
  • Determination of the cost of exploration,
  • Determination of the pricing method,
  • Determination of the bidding method,
  • Putting the project out to tender.