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A Subcontractor Agreement is a contract used to set out the terms of an agreement between one independent contractor who hires another independent contractor (known as the subcontractor). Subcontractor Agreement Lawyer - The Contract Company contractcompany.com.au https://contractcompany.com.au › business-contracts › su... contractcompany.com.au https://contractcompany.com.au › business-contracts › su...

Federal law requires a subcontracting plan if the value of contract exceeds a set dollar amount—currently $750,000. This amount is known as the “simplified acquisition threshold.1”

The difference is that a professional service agreement is a one-shot deal, while a subcontract most often involves an ongoing relationship and a greater degree of involvement in the business. Professional Service Agreement - Small Business - Chron.com chron.com https://smallbusiness.chron.com › professional-service-ag... chron.com https://smallbusiness.chron.com › professional-service-ag...

A prime contractor, sometimes also called a general contractor , is responsible for the work on an entire project, so they work consistently on that project for its duration. They hire and lead other contractors, sometimes known as subcontractors, but they are not superior to these subcontractors.

OFCCP jurisdiction extends to subcontractors. Subcontractors are businesses and organizations that perform work for a Federal contractor that is related to and necessary for the performance of a Federal contract. elaws - Federal Contractor Compliance Advisor U.S. Department of Labor (.gov) https://webapps.dol.gov › elaws Home U.S. Department of Labor (.gov) https://webapps.dol.gov › elaws Home

Unlike prime contractors, subcontractors do not work directly with the government, but instead work for other contractors. This allows contractors that are not prepared to work directly with a federal agency to still participate in Federal procurements.

A significant difference between trade contractor vs subcontractor is that subcontractors are contracted directly by the construction manager, whereas trade contractors are contracted by the client themselves. Trade Contractor vs Subcontractor vs General Contractor: What's The ... esub.com https://esub.com › blog › trade-contractor-vs-subcontract... esub.com https://esub.com › blog › trade-contractor-vs-subcontract...

First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract.