Unless the context otherwise requires in this Article:

(1)        “Claimant” includes any individual, firm, partnership, association or corporation entitled to maintain an action on a bond described in this Article and shall include the “contracting body” in a suit to enforce the performance bond.

(2)        “Construction contract” means any contract for the construction, reconstruction, alteration or repair of any public building or other public work or public improvement, including highways.

(3)        “Contracting body” means any department, agency, or political subdivision of the State of North Carolina which has authority to enter into construction contracts.

(4)        “Contractor” means any person who has entered into a construction contract with a contracting body.

(5)        “Labor or materials” shall include all materials furnished or labor performed in the prosecution of the work called for by the construction contract regardless of whether or not the labor or materials enter into or become a component part of the public improvement, and further shall include gas, power, light, heat, oil, gasoline, telephone services and rental of equipment or the reasonable value of the use of equipment directly utilized in the performance of the work called for in the construction contract.

(6)        “Subcontractor” means any person who has contracted to furnish labor or materials to, or who has performed labor for, a contractor or another subcontractor in connection with a construction contract. (1973, c. 1194, s. 1.)

Need help reviewing a real estate contract?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In North Carolina General Statutes 44A-25

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3