The competition in the construction industry is tight. And in order for your firm to peak, you need the right tools to help gain a competitive advantage. To help you with your goal, you can start building your firm's image through business stationeries and business documents. These are the files your clients' view and thus requires of you the best effort. So, here is a range of Construction Subcontractor Templates to help you with every business transaction. As a construction subcontractor, your firm should process every transaction seamlessly, and our templates can help you with that. These templates are available in Google Docs, Pages and MS Word file formats. Get started with a document today with this 100% customizable, easily editable, professionally designed, high-quality, and printable template. For more ready-made and easy-to-use templates, subscribe to any of our subscription plans now and enjoy amazing deals.
How to Write a Subcontractor Contract?
Subcontractors play a great role in construction projects and reports, not to the owner but the general or principal contractor that appoints them. However, to protect the interests in the services given or consented to give, you must prepare a contract. It would help to define the terms and conditions upon which subcontractors have agreed to provide the services in a construction project. This agreement must include the scope of the work, due dates, payment methods, and arrangements. We have further defined the process of making this contract in the following steps:
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Define Projects' Need and Subcontractor's Responsibilities
Contractors in different types of construction projects may assign specific jobs to the subcontractors and adding them in the contract is crucial. Thus, outline the subcontractor's responsibilities and duties with an explanation of the context of the work.
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Finalize Contract Agreement Provisions
A subcontractor agreement must list all sorts of provisions that they need to follow. This helps the principal contractor to go through it and make necessary changes as required.
The time of payment to the contractors and the subcontractors should not be the same, as it would not give time for proper accounting. Keep the date of payment to subcontractors at least 7 to 10 days post the date of payment received from the client. It helps to provide a confirmed amount without any issue.
The contractor must specify the methods of how the disputes would be handled in different circumstances. Avoiding the expensive method of lawsuits, disagreements or breach may be handled through arbitration or mediation.
Before signing and finalizing contract terms and conditions, it is better to draft and send it to the subcontractor to review. The document need not be lengthy and technical, but it should include the necessary aspects as the parties, duties, etc.
Once the document is ready with all the changes and suggestions, review it from beginning to end and get signs of both parties involved.
