Contracts With Subcontractors
Description
How to fill out Florida Response To Request For List Of Subcontractors And Suppliers - Individual?
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FAQ
Review any contract the contractor provides to you make sure it is clear and complete. consider hiring a professional to review the plans and specifications. consider hiring an attorney to review and explain the contract to you, and. most importantly, do not be afraid to negotiate the contract with the contractor.
A subcontractor agreement is a contract between contractors or project managers and subcontractors. This solidifies any agreement between the two parties and assures work. Subcontractors should read the subcontractor agreement and assure specifics to protect themselves from unfair risk.
Many general contractors are willing to negotiate their prices and terms if they're competing for a job. It is helpful to be up-front with contractors and let them know what you expect from the process: Prepare to answer the contractor's questions, as this will help craft a more exact estimate.
The main issues that should be in a subcontractor agreement are licensing, job and payment, timing, and defense and indemnification.Licensing.Scope of Work and Payment.Timing.Defense and Indemnification.
Read the Subcontract. Twice.Due diligence. Are the prime contract or the plans and specs incorporated into the subcontract?Consider business objectives.Payment is not the only important provision.What is the bottom line?Negotiate.Think long term.Knowledge is power.More items...?
