Wisconsin Subcontractors Package

State:
Wisconsin
Control #:
WI-P081-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package contains essential documents for Subcontractors to use to manage their construction project and protect their legal rights. The heart of this package is the subcontractor's agreement that complies with state law.



This package contains the following forms:



1. Wisconsin Construction Contract - Cost Plus or Fixed Fee

2. A Construction Project Information Sheet

3. A Change Order Sheet

4. A Certificate of Completion

5. A Weekly Equipment Summary

6. A Time and Material Log

7. A Bid Log

8. A Bid Follow Up Letter

9. A Summary of Estimate

10. A Final Project Punch List

11. A Worker Safety and Health Plan

12. An Accident Report Form


Purchase this package and more than 50% over purchasing the forms separately!

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Wisconsin Subcontractors Package?

Out of the multitude of services that provide legal templates, US Legal Forms offers the most user-friendly experience and customer journey while previewing templates before purchasing them. Its comprehensive library of 85,000 templates is categorized by state and use for simplicity. All of the forms available on the service have been drafted to meet individual state requirements by accredited legal professionals.

If you already have a US Legal Forms subscription, just log in, look for the template, click Download and gain access to your Form name in the My Forms; the My Forms tab keeps all your saved forms.

Keep to the guidelines listed below to obtain the form:

  1. Once you see a Form name, make sure it’s the one for the state you need it to file in.
  2. Preview the form and read the document description before downloading the sample.
  3. Search for a new template via the Search field in case the one you’ve already found isn’t correct.
  4. Click Buy Now and select a subscription plan.
  5. Create your own account.
  6. Pay with a card or PayPal and download the template.

When you’ve downloaded your Form name, you can edit it, fill it out and sign it in an online editor of your choice. Any form you add to your My Forms tab can be reused many times, or for as long as it remains to be the most up-to-date version in your state. Our platform provides easy and fast access to templates that fit both attorneys as well as their customers.

Form popularity

FAQ

Subcontractors do not get benefits, office space or equipment. Hiring contractors also relieves you of having to pay employee taxes and a full-time salary. When all is said and done, hiring a subcontractor is about 20 to 30 percent more cost effective than hiring full-time additional staff.

All subcontractors must file and pay taxes including state, local and federal income and self-employment taxes on their own. The general contractor must file IRS Form 1099-MISC if the subcontractor earns over $600.

Start with procurement standards. Execute all subcontracts prior to starting your projects. Help those who help you. Award the job to the lowest fully qualified bidder. Use contract scope checklists. Make sure you have tight clauses. Meet to review the proposed subcontract.

Licensing. Scope of Work and Payment. Timing. Defense and Indemnification.

A rule of thumb for independent contractors is that the vendor should be allowed to mark up your pay rate by about 15 percent when billing the client. This allows the vendor a respectable profit without making the bill rate outrageous.

A subcontractor will carry out duties on behalf of a contractor - who is responsible for their health, safety, and actions - and might be an individual or an organisation. However, the employees of a contractor are not considered subcontractors, they must be separate altogether.

Subcontractor markup will vary by trade and can be upwards of 25% depending on the trade and whether the work is union or non-union. To summarize, the contractor marks up work performed his own employed workers and each subcontractor (or supplier) hired by the contractor will mark up their own work.

The payment bond is backed by a surety company, and protects the owner and subcontractors. If a general contractor refuses to pay his subcontractors, they can make a claim against the payment bond. The surety company will pay out the subcontractors for at least part of their money and take the contractor to court.

Clients withhold retention against main contractors and main contractors withhold payment against sub-contractors. Retentions typically take the form of a percentage on the contract value. The rate can vary wildly but is typically around 5%.

Trusted and secure by over 3 million people of the world’s leading companies

Wisconsin Subcontractors Package