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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.

Generally, the Act requires the subcontractors to be listed on all state and local public agency contracts and allows substitutions of the listed subcontractor under very limited circumstances. 2. WHEN MUST A CONTRACTOR LIST ITS SUB-CONTRACTORS? Under most circumstances, subcontractors must be listed in the bid.

Violating Statute § 7108.5 constitutes a cause for disciplinary action. A contractor who has been paid for a project and refuses to pay a subcontractor shall as a penalty, pay 2 percent of the amount due per month every month that the payment is not made.

The purposes of the Subletting and Subcontracting Fair Practices Act (or the ?Fair Practice Act? or the ?Listing Law?) is to prevent post-award ?bid shopping? or ?bid peddling? with - or cut-throat competition among - other subs for the same ?portion of the work?, and to prevent a successful prime contract bidder from ...

Civil Code § 3260.1. Except as otherwise agreed in writing, the owner shall pay to the contractor, within 30 days following receipt of a demand for payment in ance with the contract, any progress payment due thereunder as to which there is no good faith dispute between the parties.

A: Your subcontract agreement should include details such as the names and addresses of both parties involved; an outline of the services or tasks being undertaken; payment terms; timelines for completion of work; any additional clauses related to intellectual property rights; confidentiality obligations; protection ...