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A subcontractor is a person or company that has a contract to do part of a job which another company is responsible for. [business] The company was considered as a possible subcontractor to build the airplane.

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 ...

There are three universally recognised types of sub-contractors in the construction industry. These are domestic subcontractors, nominated subcontractors and named subcontractors. However, there exists a thin distinguishing line between the named and the nominated sub-contractor.

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.

Subcontractor example For example, a building contractor may hire a subcontractor to complete the electrical wiring part of the contractor's building job. The contractor is responsible to the client for the building job including the part performed by the subcontractor.

What Is A Subcontractor? Subcontractors are hired by a general contractor or project manager who typically needs help in specialized areas of a construction project. They will offer a set of skills that may be necessary to carry out a job on a large worksite.