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...The construction industry contracting is a very competitive business with high rate of bankruptcy extremely important it also essential that professionals have knowledge and management aspects profession contractors or simply are companies individuals engaged in there two types general contractor specialist they engage wide range activities execute most major projects when enter into contract an owner to provide complete services called prime specialty special limit their one more specialties such as electrical work plumbing heating ventilating earthmoving referred subcontractors because operating under subcontracts between themselves prim terms subcontractor defined by arrangement involved not classification employed carry out particular project might employ some phase this situation becomes for...