Tacoma Washington Subcontractors Package

Name: Tacoma Washington Subcontractors Package
Brand: US Legal Forms
Rating: 4.7 (374 reviews)

Category:

Washington Construction - Contractors - Subcontractors

State:

Washington

City:

Tacoma

Control #:

WA-P081-PKG

Format:

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. Washington 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!

Owner's and Contractor Affidavit of Completion and Payment to Subcontractors

View this form

Sample Complaint by Contractor for Amount Due

View this form

Contractor Indemnification

View this form

Washington Contractors Forms Package

Press Release for New Employee

View this form

Artist Manager Agency Agreement

View this form

Pre-Interview Questionnaire

View this form

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FAQ

Hold The Payment It's important that homeowners do not make a payment until each stage or milestone is complete. Contractors will work more efficiently if it means they will get paid sooner. If they have already been paid for work they haven't done, they are less likely to make it a top priority.

Where to find subcontractors. To find subcontractors, GCs and PMs usually go to sites like BuildingConnected, AGC, BIA, and other trade organizations. Once there, a GC will put out a Request for Proposal (RFP). RFPs list out important project details, like the skills needed, objectives, and the project timeline.

Public Projects and The Washington Prompt Payment Act Within 10 days of payment from the owner, prime contractors are then required to pay their subcontractors and suppliers. Thus, subcontractors should expect payment within approximately 40 days of completion.

8 things a subcontractor agreement should include Business information. Include names, businesses names, and contact information for both the subcontractor and the hiring contractor.Scope of work.Payment terms.Change orders.Licensing and insurance coverage.Dispute resolution.Termination clause.Flow-down provisions.

How to find good subcontractors? Ask around. Ask friends in the construction industry. Local social media groups, community bulletins, or message boards. Drive-by. Current or past subs. Specialty suppliers. Online search.

Three points to be aware of: Monthly payments ? must be paid within 14 days of the tax month end or 17 days if paying electronically.

Washington Prompt Pay statutes Under these prompt payment statutes, owners and contractors on public jobs must pay submitted invoices within a certain period of time or face interest penalties and potential attorneys fees if the debt ends up in court.

What Is Markup? The average pre-tax net profit is between 1.4 and 2.4 percent for general contractors, according to the Construction Financial Management Association. The average pre-tax net profit for subcontractors is between 2.2 to 3.5 percent.

A subcontractor agreement is a legal document that a general contractor uses on a construction project to hire a subcontractor. This contract is a legally binding agreement that defines the terms of a smaller job within the main project to be completed by an entity that is not the GC.

When Can Contractors Withhold Payment From Subcontractors? The main contractor is able to withhold payment if the work or goods supplied by a subcontractor are deemed unsuitable. Evidence of this should always be provided along with the option to rectify any shortcomings.

Tacoma Washington Subcontractors Package

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FAQ

Should you pay a contractor before or after the job is done?

How do I find my local subcontractor?

How long does a contractor have to pay a subcontractor in Washington state?

What should be included in a subcontractor agreement?

How do I find the right subcontractor?

When should subcontractors get paid?

Is Washington a prompt pay state?

How much should I markup my subcontractors?

What is subcontractor clause?

When can you not pay a subcontractor?

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Tacoma Washington Subcontractors Package

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