Contractors bid on large construction projects, and then they farm out 80 to 90 percent of the work to subcontractors, who specialize in certain aspects of projects, such as carpentry or electrical ...
One shop owner noticed this the hard way after lunch leftovers sparked a clash with his subcontractor. What should’ve been a ...
If you're a contractor, you need to know the business structure of your subcontractors to avoid having a problem with the Internal Revenue Service. The IRS requires that you send any independent ...
Subcontractors are crucial for efficient, specialized, and sustainable project completion but introduce significant supply chain risks related to qualifications, safety, and financial health. Almost ...
Subcontractors introduce significant risks to extended supply chains. Hiring companies need direct visibility and oversight to protect their operations. A strong subcontractor risk management program ...
A subcontractor - contractor agreement is used when a contractor hires someone else (known as a subcontractor) to help with a specific task on a project. For example, an HVAC expert may be brought in ...
Some solar panel companies have their own installers, others contract out to other companies to do the work. What matters is that you know what you're getting into. A lot of businesses in a variety of ...
Unless the prime contractor formally defaults the subcontractor, there is no coverage under the policy and no way to collect on a policy claim, say Schrift, AON’s managing director. If you had to ...
The federal government’s effort in mobilizing more government contractors in recent years to help the nation move forward from the COVID-19 pandemic sets a favorable precedent for the professionals in ...