Largest Construction Contractors In North Carolina

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US-00462
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Description

This form is a Construction Contract. The form contains the following subjects: scope of work, work site, and insurance. The contractor's warranty is limited to defects in workmanship within the scope of the work performed by the contractor.


What is a Construction contract agreement?


If you’re planning to build, renovate or reconstruct your house, you will need to enter into a contract for home construction with the building contractor, defining your mutual rights and responsibilities. This agreement contains project specifics, the contractor’s license and insurance details, the requested scope of work, etc. It may also determine the potential lien on the property should the work not be paid in full.


Types of construction contracts


Depending on the payment arrangements determined by parties, there are four basic types of home builders’ contracts:


1. Fixed price (or lump-sum) agreements set the price for the completed job right from the start. Although fixed, the document may also include provisions defining penalties (for example, if the constructor fails to finish the work on schedule).


2. Cost plus construction agreements set the price for the finished work based on building materials and labor with additionally mentioned “plus” (a percentage of the total costs or a fixed fee).


3. Time and material agreements set the price for the work without a “plus,” but the client pays the contractor a daily or hourly rate while they are under contract.


4. Unit-price agreements are standard in bidding, particularly for federal building projects. Both owner and contractor define the price that the contractor charges for a standard unit without any specific extra fees for other units.


The first two types of contract for home construction mentioned are the most popular ones. Let’s take a closer look at them.


Fixed price vs. cost-plus contract benefits


The fixed price agreement benefits owners more than builders, as it determines at the moment the parties seal the deal the exact price the contractor will get after they complete all the work. Builders risk not getting the estimated profits they initially anticipated, as expenses may increase significantly but remain the constructor’s responsibility.


The cost-plus construction deal contains the evaluation of the final project cost; however, it doesn’t determine the final contract price until the contractor completes all the work. Unlike the fixed-price agreement, it separates expenses and sets the profit rate (as a percentage of the final project cost or as a flat amount), so contractors prefer this type of agreement; it is riskier for homeowners.


Information you should provide in the construction contract agreement


The presented Construction Contract for Home is a universal multi-state construction contract template. This sample describes typical terms for a home building contract. Download a printable document version from our website or amend and fill it out online. Make sure to provide the following information:


• Name and contact details of the contractor and their license number;


• Name and contact details of the homeowner;


• Property legal description from county clerk’s records;


• Project description with blueprints and building specifications;


• Scope, description of work, and its estimated final dates;


• Costs of work and responsibilities of parties for any breach of contract.

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With nearly 80,000 closings in 2021 bringing in more than $27 billion in revenue, D.R. Horton is the largest home builder in the US for the 20th year running. It's quite literally the behemoth in the homebuilding industry, with local affiliates in service areas around the U.S.

NC general contractor license limits LicenseWorking capital needed to avoid a bondProject limit Limited $17,000 $750,000 Intermediate $75,000 $1.5 million Unlimited $150,000 Unlimited

The biggest construction contractors in the U.S. based on revenue 2023. With revenue figures of over 17 billion U.S. dollars in 2023, the Turner Corporation was ranked the leading construction contractor in the United States. In this ranking, Bechtel ranked third, while Kiewit Corp. ranked second.

Contracting without a license is a Class 2 Misdemeanor in North Carolina.

1. Turner Construction. Coming in at number one out of 400 top general contracting companies is Turner Construction, with a whopping $16 billion of revenue, a growth from their previous $14 billion.

The revenue of the electrical activities of Quanta Services in 2023 was over three times the revenue size of the next-largest company. That second company in the ranking, Colorado's MYR Group, had a revenue of 3.6 billion U.S. dollars.

Unlimited NC General Contractor License: Working capital equal to or greater than $150,000. Agreed-upon Procedures Report or Audited financial statements is REQUIRED.

Baker Concrete Construction Baker Concrete Construction is the nation's largest commercial concrete construction contractor and an undisputed industry leader.

Largest construction contractors in North Carolina based on revenue 2020-2023. Samet Corp. had a higher revenue than any other construction contractor from North Carolina included in the survey in 2023. The company generated a revenue of over 1.4 billion U.S. dollars that year, and it was followed by Lane Industries.

Biggest Companies in North Carolina by Market Cap for Feb 2025 #NameState 1 NC 2 Honeywell International NC 3 Lowe's Companies NC 4 Duke Energy NC34 more rows

More info

Search 9499 North Carolina general contractors to find the best general contractor for your project. The ranking of the nation's largest general contractors, CM at risk firms, and designbuilders for nonresidential buildings and multifamily buildings work.The largest US construction companies include Bechtel, Turner, Kiewit, Fluor, AECOM, STO, DPR, WhitingTurner, Skanska and Clark. We employ state-of-the-art technology that yields the highest quality mixes. See a list of construction projects in North Carolina. Learn about the property information, the companies on projects, and past payment activity. Turner is a North America-based, international construction services company and is a leading builder in diverse and numerous market segments. 190 172 BARNHILL CONTRACTING CO., Rocky Mount, N.C.. 599.0. 0.0. 713.6. 53. 0. 0. 0. 0. We hand-curated a list of the best construction companies to work in North Carolina using data on salaries, company financial health, and employee diversity. Is the leading site work contractor in eastern North Carolina.

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Largest Construction Contractors In North Carolina