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Any person who knowingly uses the services of an unlicensed labor contractor shall be personally, jointly and severally liable with the person acting as a labor contractor to the same extent and in the same manner as provided in ORS 658.453 (Civil penalty) (4).
Make sure to include any terms or conditions that are specific to the subcontract agreement. Consider the scope of the work, timeline for completion, and any performance criteria to include in the agreement. Ask both parties to sign and date the agreement so that each is legally bound to the terms and conditions.
ORS 279C. 580(3)(a) obligates the Contractor to pay their Subcontractors for their Work within 10 Calendar Days after they receive payment for such Work from the Agency. That provision must be included in each subcontract. ORS 279C.
Typically, a deposit or advance payment of up to 50% of the total project cost is requested by contractors.
Payment Deadlines for Private Projects Progress payments from the owner to the prime contractor must be made within 30 days of the payment request, unless the contract says otherwise. Once the prime contractor receives a progress payment, they have 7 days from receipt to pay their subcontractors or suppliers.
The penalty for contracting without a license in Oregon jumps up to $5,000 per offense when an owner has filed a complaint for damages. Contractors who think they can get away with performing one job unlicensed could end up receiving an exorbitant fine long before they have to face an owner in court.
ORS 279C. 580(3)(a) obligates the Contractor to pay their Subcontractors for their Work within 10 Calendar Days after they receive payment for such Work from the Agency. That provision must be included in each subcontract.
An MOU is typically drawn up between a general contractor and subcontractor or a project owner. An MOU between two construction companies is frequently used to begin the relationship and set the tone between contractors before the issuing of a formal contract.