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Texas Subcontractors Package

San Antonio Texas Subcontractors Package

Category:

Construction - Contractors - Subcontractors

State:

Texas

City:

San Antonio

Control #:

TX-P081-PKG

Format:

Instant download

Description

This package contains essential documents for Subcontractors to use to manage their construction project and protect their legal rights. The heart of this package is the subcontractor's agreement that complies with state law.

This package contains the following forms:

1. Texas Construction Contract - Cost Plus or Fixed Fee

2. A Construction Project Information Sheet

3. A Change Order Sheet

4. A Certificate of Completion

5. A Weekly Equipment Summary

6. A Time and Material Log

7. A Bid Log

8. A Bid Follow Up Letter

9. A Summary of Estimate

10. A Final Project Punch List

11. A Worker Safety and Health Plan

12. An Accident Report Form

Purchase this package and more than 50% over purchasing the forms separately!

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FAQ

The subcontracting costs are based on the gross input of the end items. The costs are calculated by multiplying the end item quantity displayed in the Ordered Quantity field of the Purchase Order Lines (tdpur4101m000) session by the subcontracting rate factor and the subcontracting rate.

What Is Markup? The average pre-tax net profit is between 1.4 and 2.4 percent for general contractors, according to the Construction Financial Management Association. The average pre-tax net profit for subcontractors is between 2.2 to 3.5 percent.

Subcontracting is the practice of assigning, or outsourcing, part of the obligations and tasks under a contract to another party known as a subcontractor. Subcontracting is especially prevalent in areas where complex projects are the norm, such as construction and information technology.

A subcontractor is anyone who provides labor or services on a construction project and was hired by someone other than the owner. Subcontractors perform a portion of the work that contributes to the overall project?for example HVAC, windows, or painting.

Where to find subcontractors. To find subcontractors, GCs and PMs usually go to sites like BuildingConnected, AGC, BIA, and other trade organizations. Once there, a GC will put out a Request for Proposal (RFP). RFPs list out important project details, like the skills needed, objectives, and the project timeline.

Subcontractor Costs means all costs incurred by subcontractors for the project, including labor and non-labor costs.

Second tier subcontractor means a person who contracts with a first tier subcontractor to improve real property.

Subcontractors work at a variety of levels. The primary, or general, contractor works directly with the customer. The primary contractor hires first-tier contractors to perform work on the customer's project. The second-tier contractor is hired by the first-tier contractor to perform specific tasks.

Tier 1. Tier one contractors are generally seen as the most time-served and financially secure companies trading. They tend to take on more commercial and larger industrial projects ? typically of a large price.

Even though subcontractors are typically cost more than self-performing in-house, it is still more cost-effective in most cases. Subcontractors do not get benefits, office space or equipment. Hiring contractors also relieves you of having to pay employee taxes and a full-time salary.

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