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A subcontractor is contractor who is hired by a contractor to help him or her complete a job. Subcontractors are commonly used in construction. However, that is not the only industry they are used in. In the context of insurance, subcontractors are not always covered by the liability insurance policy of the contractor.
The Subcontractor Agreement between a contractor and a subcontractor will cover many aspects of the agreement, including, but not limited to: specifying the obligations of the subcontractor; specifying the payment details for the subcontractor; specifying the required performance of the subcontractor; specifying the ...
Below, we've listed eight pieces of information that are included in most subcontractor agreements. Business information. ... Scope of work. ... Payment terms. ... Change orders. ... Licensing and insurance coverage. ... Dispute resolution. ... Termination clause. ... Flow-down provisions.
The main difference lies in who isemploying the person. If a worker is employed by a company directly, they are an independent contractor. If the worker is hired to perform a specific task for a general contractor, they are a subcontractor.
If you want to perform work anywhere within the state of Florida, you will need a Certified License, and if you want to perform work in a specific city/county, you will need a Registered License.