Wisconsin Subcontract for Construction of Portion of or Materials to go into Building with Provisions that upon Termination for Cause Contractor May Complete Work and Retain all Amounts due Subcontractor

• Category: Construction - Contractors - Subcontractors
• State: Multi-State
• Control #: US-13277BG
• Format: Word; Rich Text

Description

A subcontractor performs work under a contract with a general contractor, rather than the employer who hired the general contractor. Wisconsin Subcontract for Construction of Portion of or Materials to go into Building is a legally binding agreement that outlines the terms and conditions between a contractor and a subcontractor for a specific construction project in the state of Wisconsin. This subcontract is designed to ensure that both parties are protected and their rights and responsibilities are clearly defined. One key provision of this subcontract is the clause that allows the contractor to terminate the agreement for cause. In such cases, the contractor may choose to complete the unfinished work themselves and retain all amounts due to the subcontractor. This provision ensures that the project can be completed smoothly and on time, even in situations where the subcontractor fails to fulfill their contractual obligations. There are various types of Wisconsin Subcontracts for Construction of Portion of or Materials to go into Building. These can vary depending on the specific project, the scope of work, and the parties involved. Some common types include: 1. Lump Sum Subcontract: This type of subcontract is based on a fixed total price for a specific portion of the construction project or for supplying specific materials. The subcontractor agrees to complete the work for the agreed-upon price. 2. Cost-plus Subcontract: In this type of subcontract, the subcontractor is reimbursed for the actual costs incurred, including labor, materials, and overhead, plus a predetermined percentage or fee for profit. This type of subcontract allows for more flexibility in pricing but requires careful documentation and transparency. 3. Unit price Subcontract: This subcontract is based on a predetermined price multiplied by the actual quantity of work performed or materials supplied. The subcontractor agrees to the unit price and is paid accordingly based on the actual quantity used or performed. These are just a few examples of the different types of Wisconsin Subcontracts for Construction of Portion of or Materials to go into Building. It is important for contractors and subcontractors to carefully review and negotiate the terms and provisions of the subcontract to ensure a fair and successful project completion.

Wisconsin Subcontract for Construction of Portion of or Materials to go into Building is a legally binding agreement that outlines the terms and conditions between a contractor and a subcontractor for a specific construction project in the state of Wisconsin. This subcontract is designed to ensure that both parties are protected and their rights and responsibilities are clearly defined. One key provision of this subcontract is the clause that allows the contractor to terminate the agreement for cause. In such cases, the contractor may choose to complete the unfinished work themselves and retain all amounts due to the subcontractor. This provision ensures that the project can be completed smoothly and on time, even in situations where the subcontractor fails to fulfill their contractual obligations. There are various types of Wisconsin Subcontracts for Construction of Portion of or Materials to go into Building. These can vary depending on the specific project, the scope of work, and the parties involved. Some common types include: 1. Lump Sum Subcontract: This type of subcontract is based on a fixed total price for a specific portion of the construction project or for supplying specific materials. The subcontractor agrees to complete the work for the agreed-upon price. 2. Cost-plus Subcontract: In this type of subcontract, the subcontractor is reimbursed for the actual costs incurred, including labor, materials, and overhead, plus a predetermined percentage or fee for profit. This type of subcontract allows for more flexibility in pricing but requires careful documentation and transparency. 3. Unit price Subcontract: This subcontract is based on a predetermined price multiplied by the actual quantity of work performed or materials supplied. The subcontractor agrees to the unit price and is paid accordingly based on the actual quantity used or performed. These are just a few examples of the different types of Wisconsin Subcontracts for Construction of Portion of or Materials to go into Building. It is important for contractors and subcontractors to carefully review and negotiate the terms and provisions of the subcontract to ensure a fair and successful project completion.