A Bexar Texas subcontract for the construction of a portion of a building or the provision of materials is a legally binding agreement between a contractor and a subcontractor. This contract outlines the terms and conditions regarding the completion of work and payment, specifically addressing the situation where the contractor terminates the subcontractor for cause. In such cases, the subcontractor must allow the contractor to complete the remaining work and the contractor retains all amounts due to the subcontractor. The Bexar Texas subcontract for construction may include various types, each tailored to specific requirements and scenarios. Some common types of subcontracts in Bexar Texas include: 1. Bexar Texas Fixed-Price Subcontract: This type of subcontract sets a predetermined fixed price for the portion of work or materials to be supplied by the subcontractor. It outlines the agreed-upon scope of work, milestones, and payment terms. 2. Bexar Texas Cost-Plus Subcontract: In a cost-plus subcontract, the subcontractor is reimbursed for the actual costs incurred during the construction process, including materials and labor. Additionally, the subcontractor receives an agreed-upon percentage or fee for overhead and profit. 3. Bexar Texas Unit Price Subcontract: A unit price subcontract establishes specific rates or prices for each unit of work or materials supplied by the subcontractor. The total payment is then calculated based on the quantity of units used in the construction process. 4. Bexar Texas Lump-Sum Subcontract: A lump-sum subcontract involves a fixed payment for the entire portion of the construction work or materials. This type of agreement is typically used when the scope of work is well-defined and there is less chance of changes or variations. Regardless of the type, when the subcontract is terminated by the contractor for cause, such as unsatisfactory performance or breach of contract by the subcontractor, the Bexar Texas subcontract includes provisions stating that the contractor may complete the remaining work themselves. Furthermore, the contractor is entitled to retain all amounts that were due to the subcontractor for the work performed until the termination. This provision protects the contractor from potential financial loss or delays caused by the subcontractor's unsatisfactory performance.
Bexar Texas 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
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