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GENERAL CONTRACTOR PROFILE AND AUTHORIZATION

GENERAL CONTRACTOR PROFILE AND AUTHORIZATION 2025

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The document is a General Contractor Profile and Authorization form required by Premier Valley Bank for construction loans. It collects detailed information about the contractor's business, including licensing status, ownership structure, recent projects, financial references, and certifications. Contractors must complete the profile accurately and provide supporting documents to ensure eligibility for funding.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the 'General Contractor's Name' exactly as it appears on your State Contractor's License. Fill in the class(es) and State Contractor's License Number.
Indicate whether your license is in good standing and if you have ever had a license revoked. If applicable, provide explanations on a separate sheet.
Complete the 'Contractor's Business Information' section with your business name, Federal Tax ID Number, address, telephone, fax, and email.
List the responsible managing employee or officer under your contractor's license and check the appropriate box that describes your business structure (e.g., Corporation, Sole Proprietorship).
Provide details for each principal of your business including names, titles, ownership percentages, and years of experience.
Fill out the 'Recent Projects and Sales History' section with project counts and gross sales for the past three fiscal years.
List references for financial institutions and subcontractors as required. Ensure all contact information is accurate.
Finally, review the 'Certification and Authorization' section before signing and dating it to confirm that all information is true and complete.

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What is a GCs in construction?

GCs manage residential and commercial construction projects. They work with architects and clients to realize a customers vision. They also make sure the project complies with plans, budgets, and local laws. GCs need to hire the right people for every job.

What is the difference between a project manager and a general contractor?

A project manager schedules subcontractors and orders materials. Although they manage the project, they usually dont have their own employees working the job the way general contractors do.

What is the difference between a CM and a GC?

The most notable difference between a construction manager and a general contractor is in the design factor. While the role of construction managers only begins once the design has already been completed, general contractors are often involved in the design process.

What is a GC in civil engineering?

The General Contractor (GC) is pivotal in bringing building projects to life. From initial planning to completion, GCs oversee and manage every aspect of the construction process. They coordinate with various subcontractors, procure materials, and ensure adherence to building codes and local regulations.

What is the difference between a GC and a PM?

A high-level PM usually sets the initial budget, CMs ensure the project stays within that budget during construction, GCs manage the day-to-day expenses related to subcontractors and materials, and low-level make sure they follow the GCs instructions.

Is GC short for general contractor?

This is another acronym that, although less commonly abbreviated, you might still come across. GC stands for General Contractor.

What is the difference between a GC and a CM?

Construction managers provide initial and updated cost estimates during the design phase, whereas general contractors manage costs once the project is underway, ensuring the budget stays on track.

What is a GC manager?

A general contractor (GC) oversees and coordinates the day-to-day activities on a construction jobsite. They are also responsible for subcontractor management and workforce scheduling. In some cases, they may order materials and be responsible for ensuring that they get to the job site in a timely fashion.

GENERAL CONTRACTOR PROFILE AND AUTHORIZATION 2025

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