Make Notes On Legal Texas Subcontractors Forms For Free

Under the Texas Prompt Payment Act, once a general contractor receives payment from an owner, the general contractor has seven (7) days to pay each of its subcontractors the portion of the payment attributable to the subcontractors' work performed under its contract with the contractor.

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.

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 ...

On private projects in Texas, the property owner must make payment to the prime contractor within 35 days of invoice receipt. Once the prime contractor receives payment from the property owner, they must pay their subs and suppliers within 7 days.

The Subcontractor shall observe, comply with, and be subject to all terms, conditions, requirements and limitations of the Subcontract and specifications, and shall do, carryon and complete the entire work to the satisfaction of the Prime Contractor, Architect/Engineer and the Owner.

Subcontractors report to the contractor, who is ultimately responsible to the client for their work. Therefore, the subcontractor is liable to the contractor, but not directly to the client.