Subcontract for Construction of Portion of or Materials to go into Building is a type of contract where one party agrees to subcontract a portion of a construction project or materials to be used in the construction of a building to another party. This type of subcontract can involve a variety of different types of construction and materials, such as the installation of drywall, plumbing, electrical wiring, roofing, siding, windows, and doors. Other materials that may be included in a subcontract for construction are wood, stone, concrete, metal, and other building materials. The two main types of subcontracts for construction are Lump Sum and Time and Materials. In a Lump Sum subcontract, the contractor agrees to complete the work specified in the contract within a certain amount of time and for a set price. In a Time and Materials subcontract, the contractor agrees to complete the work specified in the contract within a certain amount of time and to be paid for the materials used in the construction. Both types of subcontracts for construction are subject to certain laws and regulations, such as the Fair Labor Standards Act, which requires contractors to pay their workers a minimum wage and overtime pay. Additionally, subcontracts for construction are subject to local and state building codes and regulations. Finally, subcontracts for construction must also comply with any applicable insurance requirements.