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OPT 011 10-03 SUBCONTRACTOR S STATEMENT REGARDING WORKERS COMPENSATION, PAY-ROLL TAX AND REMUNERATION (Note 1) Workers Compensation s175B Workers Compensation Act 1987 Pay-roll tax Remuneration Part.

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State and county; address of the project. General contractor name and address. Subcontractor/supplier name and address (if this person is filling out the sworn statement). Brief description of the contract. A table that lists:

Employment Status A subcontractor receives a portion of what the contractor earns for an overall job. Contractors receive payment per job or by the hour. As a contractor, you a receive 1099 form, and the IRS determines if a worker is a contractor or an employee.

A prime or direct contractor is a contractor that has a contract directly with the property owner. A general contractor refers to a contractor in charge of hiring subcontractors and coordinating their work, keeping the job on track for timely and on-budget completion.

A subcontractor is a worker who is not your employee. You give a Form 1099 to a subcontractor showing the amounts you paid him. The subcontractor is responsible for keeping his or her own records and paying his or her own income and self-employment taxes.

A subcontractor works independently and provides services as specified in a contract or agreement and can accept or refuse any additional work. An employee works within the business and is considered part of the business. Subcontractors use their own tools and/or equipment which are required to complete the work.

A general contractor is a party with the responsibility to oversee a construction project and who enters into the prime contract with the property owner. The general contractor is sometimes known as the direct contractor, and this is very important when it comes to getting paid.

Subcontractor is a person who is awarded a portion of an existing contract by a principal or general contractor. Subcontractor performs work under a contract with a general contractor, rather than the employer who hired the general contractor.

What is a contractor's sworn statement? A sworn statement is a construction document that lists the contractors and suppliers that provide material or labor to a construction project. It includes information about who is owed money, how much they are owed, and the remaining balance on their contract.

A builder, usually a contractor or subcontractor, is usually responsible for defects caused by a failure to conduct work according to design specifications, or in line with accepted industry standards.

Define the needs of the project. ... Finalize the provisions of the agreement, such as the due dates. ... Clarify the terms for payment. ... Write a draft of the contract and send it to the subcontractor for her review. ... Decide on a method to handle disputes, should one arise between you and the subcontractor.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232