Commercial General Contractor
Manage commercial construction projects including tenant improvements, office buildouts, and small commercial buildings as licensed general contractor
Overview
Commercial general contractors manage commercial construction projects - tenant improvements, office buildouts, retail spaces, and small commercial buildings coordinating trades, managing schedules, and delivering commercial projects.
You work with businesses, property owners, and developers.
Project values range from $100,000-$2M+ with 12-20% contractor fees.
Completing 8-20 commercial projects annually generates $300,000-$1.5M+ in revenue with 12-20% net margins.
Target clients include commercial property owners, tenant improvement projects, retail and restaurant buildouts, office space renovations, property management companies, and small commercial developers.
Services include commercial project bidding and estimating, permit and code compliance, subcontractor management, project scheduling and coordination, owner and architect communication, and punch list and closeout.
Success requires commercial construction experience, understanding commercial building codes, bonding capacity for commercial projects, relationships with commercial subcontractors, potentially prevailing wage and union knowledge, and managing complex commercial requirements.
Many commercial general contractors specialize in commercial types (office, retail, medical), work with commercial brokers and property managers, potentially bid public works projects, build bonding capacity over time, hire project managers for multiple concurrent projects, and grow through reputation in commercial real estate community.
Required Skills
- Commercial Construction
- Project Management
- Bonding
- Codes & Compliance
- Estimating
Pros and Cons
Pros
- Larger project values than residential
- Work with professional clients
- Recurring work from property managers
- Less emotional than residential projects
- Opportunities in tenant improvements
Cons
- Requires bonding capacity
- Longer payment terms (30-60-90 days)
- Complex commercial codes and requirements
- Competitive bidding environment
- Economic sensitivity of commercial construction
How to Get Started
- Gain commercial construction experience
- Obtain general contractor license
- Build bonding capacity with surety
- Develop commercial subcontractor network
- Learn commercial estimating and bidding
- Network with commercial brokers and developers
- Start with smaller tenant improvement projects
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