There may come in a time in your life, when you’re responsible for working with a subcontractor. Contractors often divvy out work to subcontractors, when they’re unable to complete the work on their own or simply wish to get the job completed in a much quicker manner. Hiring a subcontractor can be very beneficial, but there are a few risks involved. By using a subcontractor agreement, you will be able to diminish the potential for trouble, while protecting your company from future legal disputes.
This document should include the appropriate information. First, it should include details about the general contractor and the subcontractor. Contact details should be included. Of course, the bulk of the document will contain information about the project at hand. What is the subcontractor responsible for doing and how much will they be paid for their work? When will the project start and when should it be completed? All of these details should be present.
When To Use It
When it comes down to it, this agreement should be utilized anytime a contractor uses a subcontractor. The document will be beneficial for both parties and will protect both in the long run. For the general contractor, they’ll be able to use the document to provide the subcontractor with demands and guidelines for the project. Meanwhile, the subcontractor will be able to ensure they’re paid in full, with the document in place.