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How to Become a Construction Contractor: Step-by-Step Guide

Written by The Construction Link | Mar 12, 2024 3:00:00 PM

The building blocks to a career in construction contracting

A career as a construction contractor offers a unique blend of challenges and rewards, requiring a deep understanding of both the practical aspects of the construction industry and leadership skills. These professionals play an integral role in construction projects, ensuring they are completed on time, within budget, and to the required design specifications.

 Covering the essentials on how to become a construction contractor, this guide details the job responsibilities, educational requirements, and earnings potential of the profession. Whether you’re just starting out or seeking a career shift, we provide a straightforward look at what it takes to start and succeed as a contractor.

What does a construction contractor do?

A construction contractor oversees and manages the entire lifecycle of a construction project, from inception to completion. This individual ensures that all aspects of a construction project align with specifications, deadlines, and budget requirements. They're responsible for a wide range of tasks, including planning, budgeting, scheduling, and supervising construction activities. Plus, they must understand legal and regulatory frameworks, maintaining adherence to building codes, safety standards, and environmental regulations.

 Effective collaboration with clients, architects, engineers, and construction workers is necessary to ensure the smooth completion of a project. Contractors also negotiate contracts and tackle any challenges that emerge, requiring a blend of technical knowledge and soft skills like leadership, problem-solving, and adaptability.

 For a more detailed exploration of a contractor’s responsibilities, The Constructor’s article, “Contractor Roles and Responsibilities in Construction,” offers additional information.

Launching your career as a contractor

Understanding how to become a general contractor in the United States starts with meeting specific licensing requirements that vary by state but typically include the following:

  • Be at least 18 years old
  • Have a high school diploma
  • Be legally eligible to work in the United States
  • Possess a clean construction record

 Beyond these requirements, aspiring contractors must also focus on gaining practical experience in the construction industry. This hands-on experience, which can be obtained by working under a general contractor or construction contractor, provides exposure to real-world situations that can build a strong foundation of practical knowledge. 

Educomics.org provides a thorough overview of the qualifications and steps necessary for those looking to become a construction contractor.

Educational pathways

As mentioned above, the requirements to become a construction contractor vary by location, but generally, the minimum requirement is a high school diploma.

 However, many individuals choose to further their general contractor education, which can open the door to more advanced and lucrative job opportunities. Many enter the field with a degree in construction management, civil engineering, or related disciplines. These programs involve coursework that covers construction principles, project management, and the technical aspects of building and design.

 Additionally, technical schools and community colleges offer focused programs that cater specifically to those interested in pursuing a career as a construction contractor. Courses in these programs typically cover fundamental topics such as construction safety, legal standards, and cost estimating, equipping students with the necessary skills for the field.

 For those interested in exploring construction contractor educational pathways and degree programs further, learnhowtobecome.org offers an extensive guide.

How much do construction contractors make?

The earnings of construction contractors can vary widely, influenced by factors such as location, experience level, and the specific construction sector. 

In terms of specific figures, the Bureau of Labor Statistics (BLS) states that in 2022, the median annual salary for construction managers, a role closely related to a general contractor, was $101,840, which breaks down to $48.79 per hour. Meanwhile, the University of Texas at El Paso lists the average general contractor salary at $96,813. 

The construction management field is on an upward trajectory, with the BLS anticipating a growth rate of 5% over the next 10 years, surpassing the national average for all job sectors. This growth signals demands for skilled contractors and the potential for high earnings in this career, making it an attractive option for those looking to enter the construction industry.

Contractors in heavy construction

In the heavy construction sector, contractors play an important role in overseeing and coordinating the activities of various specialized teams, including heavy equipment operators, drillers, blasters, and public works and maintenance crews.

 

These professionals ensure that projects unfold smoothly, strictly adhering to timelines while upholding safety and quality benchmarks. Their duties span training employees, addressing workplace challenges, and enhancing overall productivity.

 Successful heavy construction contractors must possess a comprehensive set of skills. This includes strong reading comprehension for digesting research reports and project proposals, the capability to understand and interpret schematics, writing proficiency for producing detailed reports, and advanced mathematical abilities for calculating quantities, measurements, and data analysis. Familiarity with digital tools, such as construction management software, is increasingly important in today’s tech-driven landscape.

 Apart from this technical expertise, effective contractors exhibit a range of soft skills. Communication, problem-solving, decision-making, critical thinking, and leadership abilities are key in managing a heavy construction project to a successful completion.

 Check out this guide from StudentScholarships.org to learn more about the roles and responsibilities of contractors and supervisors within the heavy construction sector. This resource provides valuable insights into the skills and qualities needed to achieve success in this dynamic field.

Pros and cons of becoming a construction contractor

Pros

  • Autonomy: Enjoy the freedom to select jobs and manage work schedules according to your preference.
  • Earning potential: The ability to boost your earnings as you grow and build your reputation in the industry.
  • Diverse projects: Engage in a wide variety of projects across sectors, ensuring varied and stimulating work.
  • Satisfaction: Experience the fulfillment of overseeing a project from its inception to its completion.

Cons

  • Variable workload: Encounter fluctuations in workload and income due to market trends and seasonality.
  • Heavy responsibility: Take on full responsibility for the success and challenges of each project.
  • Extended hours: Be prepared to work long hours or weekends to adhere to project deadlines.
  • Initial investment: Be aware of the significant initial investment requirement for tools, equipment, and hiring skilled personnel.

These are just a few of the pros and cons of this profession. LearningPath.org offers additional advantages and disadvantages, as well as further information on general contractor jobs, requirements, and how to distinguish yourself in the field.

Closing remarks on how to become a construction contractor

We’ve provided you with what it takes to become a construction contractor, highlighting the demanding responsibilities, beneficial educational pathways, and promising growth and earnings potential in this vibrant field. Remember, a successful career as a construction contractor requires a strong background of practical skills and academic knowledge, as well as an unwavering commitment to excellence, safety, and leadership.

 As you consider this rewarding career path, we encourage you to broaden your understanding of the construction industry’s complexities and stay informed about emerging trends. Continuous learning and adaptability are essential to establishing a reputable and prosperous contracting business.

 To gain further insights on how to have a significant impact in the construction industry, we invite you to discover what sets TCLI apart, including our core values, leadership team, and rich history in the field of heavy construction. Additionally, our blogs offer a wealth of information on various heavy construction topics to enhance your knowledge.

 Here’s to laying the foundations for a successful career in the construction industry—brick by brick, project by project.