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Here are some of the most important construction documents for commercial projects:Bidding Documents.Construction Contractor Agreement.Architectural Drawings.Specifications.Bill of Quantities.Schedule.Work Orders.Subcontractor Application.More items...
How to Write a Subcontractor ContractDefine the needs of the project.Finalize the provisions of the agreement, such as the due dates.Clarify the terms for payment.Write a draft of the contract and send it to the subcontractor for her review.More items...
How to Write Tight SubcontractsStart 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.
The 9 essential contract documentsThe Construction Agreement. The agreement is the most fundamental document in a construction contract bundle.General Conditions.Special Conditions.Scope of Work.Drawings.Specifications.Bill of Quantities.Construction Schedule.More items...?03-Apr-2019
Name the four basic types of construction contracts. The four basic types of construction contracts are the lump-sum contract, cost-plus-fee contract, guaranteed maximum price (GMP) contract, and unit-price contract.
Subcontractor resource requirements are assessed on the basis of expected operations and reference to the business plan. 1.2. Subcontractor requirements are managed, prioritised and documented on the basis of expected work sequence and volume.
1. Negotiate all terms and conditions of the subcontractor agreement. Terms you should include in the subcontractor agreement include:The scope of work.Indemnification.Warranties.Dispute resolution.Payment terms.Compensation.Policies and procedures.Termination.23-Aug-2021
Below are some of the common types of contract documents that should be included.Contract Agreement.Scope of Work Definition.General Conditions.Special Conditions.Bill of Quantities.Work Schedule.Drawings.Technical Specifications.More items...
But as a general guide, the typical markup on materials will be between 7.5 and 10%. However, some contractors will mark up materials as much as 20 percent, according to the Corporate Finance Institute.
Updated February 09, 2022. A subcontractor agreement is between a contractor that hires a subcontractor to assist in the completion of a project or service.