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A principal contractor is the contractor with overall control over the construction phase of a project where more than one contractor is involved. They are appointed by the client and are responsible for planning, managing, monitoring and coordinating health and safety during the construction phase.
The party identified as being the principal or first party to a contract, in the event that the contract distinguishes any party as the principal. In law, the principal is the party that has the primary responsibility in a liability or obligation, as opposed to an endorser, guarantor, or surety.
Principal Contract means the agreement where the selected contractor is responsible for providing certain goods and services to a specified [organization]. Seen in 17 SEC filings. Principal Contract means the main agreement between the involved parties.
However, all CPPs must outline the project details and the arrangements for securing health and safety on-site. It should take into account, where necessary, all industrial, commercial, domestic or transport-related activities taking place on the construction site.
What's the difference between a principal and a contractor in WSIB terms any company that hires and pays another company to do work for them is called the principal. the company being hired is called the contractor. throughout the course of normal business.