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This agreement should clearly state what tasks the contractor is to perform. The agreement will also include what tasks will be performed and how much the contractor will be paid for his or her work. A contractor agreement can also help demonstrate that the person is truly an independent contractor and not an employee.
(a) The COR's role is to develop proper requirements and ensure during contract administration the contractors meet the commitments of their contracts, including the timeliness and delivery of quality goods and services as required by the contract.
TINA generally applies to negotiated contracts valued above $750,000. This includes modified contracts that increase the value above $750,000 and subcontracts greater than $750,000.
The contract should state who pays which expenses. The contractor is usually responsible for all expenses including mileage, vehicle maintenance, and other business travel costs; work supplies and tools; licenses, fees, and permits; phone and internet expenses; and payments to employees or subcontractors.
What Should Be in a Construction Contract?Identifying/Contact Information.Title and Description of the Project.Projected Timeline and Completion Date.Cost Estimate and Payment Schedule.Stop-Work Clause and Stop-Payment Clause.Act of God Clause.Change Order Agreement.Warranty.More items...
What should be included in a Contractor Agreement?Statement of Relationship.Project Description.Payment and Billing Terms.Responsibilities of Each Party.Project Timeline and Deadlines.Termination Conditions.Nondisclosure Terms, and Confidentiality and Non-Compete Clauses.
The Truthful Cost or Pricing Data Act (commonly referred to by its historical name, the Truth in Negotiations Act or TINA) requires contractors to submit certified cost or pricing data if a procurement's value exceeds the specified threshold and no exceptions apply.
What should be included in a Contractor Agreement?Statement of Relationship.Project Description.Payment and Billing Terms.Responsibilities of Each Party.Project Timeline and Deadlines.Termination Conditions.Nondisclosure Terms, and Confidentiality and Non-Compete Clauses.
The Truth in Negotiations Act, or TINA, requires contractors who are negotiating certain government contracts e.g., sole source contracts where there is no established market price for the good or service to submit cost and pricing data to the Government that is truthful, accurate, and complete.
The Truth in Negotiation Act (TINA) currently requires offerors to certify that accurate, current, and complete cost or pricing data was disclosed to the government for negotiated procurements valued at $750,000 or more.