Ads
related to: sample subcontractor agreement construction- Checklist & Guides
Ensure You Covers All the Issues &
Track the Steps on a Legal Matter.
- Practice Notes
Up-to-Date, Easy to Understand
Explanations on Legal Subjects.
- Compare Plans & Pricing
Find the Right Practical Law Plan
To Fit Your Organization's Needs.
- Start Your Free Trial
Explore All That Practical Law Has
To Offer. Free for Seven Days.
- Corporate Legal Resources
Strengthen Your Corporate Legal
Department with Practical Law.
- Small Law Firm Resources
Overcome Your Biggest Challenges
& Spend More Time Practicing.
- Checklist & Guides
Search results
Results From The WOW.Com Content Network
A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.
The Boston Harbor reclamation project that began in the 1980s became the focus of debate over the legality of PLAs. [12] [13] When the Massachusetts Water Resources Authority elected to use a PLA for the project that mandated union-only labor, [14] the Associated Builders and Contractors of Massachusetts/Rhode Island, Inc. challenged its legality, asserting that the use of a PLA was prohibited ...
Some contractors appoint subcontractors to work under a "pay when paid" clause, sometimes called a "pay if paid" clause, where the general contractor will work with subcontractors and the subcontractors are only paid if and when the general contractor is paid for the work. [6] An example clause from a construction context reads:
The Engineering and Construction Short Subcontract (ECSS) Allows the contractor to sub-let a simpler lower risk contract down the line to a subcontractor. It is back-to-back with the ECSC but is frequently used as subcontract when the main contract is under the ECS.
The master service agreement serves as a master contract governing the terms over potentially multiple SOWs. Sometimes it refers to scope of work. For instance, if a project is done on contract, the scope statement included as part of it can be used as the SOW since it also outlines the work of the project in clear and concise terms.
Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. [1] A retention is money withheld by one party in a contract to act as security against incomplete or defective works.
Ads
related to: sample subcontractor agreement construction