A contractor is a company or firm that enters into a business contract with the federal government. There are two types of contractors. A firm is considered a prime contractor if it has more than 50 employees and enters into contracts valuing a total of $50,000 or more per year. A firm is considered a subcontractor if it is hired by the prime contractor to complete part of the job and earns at least $10,000 in subcontracted work each year. Examples of government contract jobs include construction of new structures or improving structures already standing, as well as outfitting government buildings with communications systems.
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