The biggest threat to completing most construction projects on time and within budget are disputes. Whenever there is a miscommunication between project stakeholders, valuable time and resources must ...
Subcontractors must pay close attention to provisions in their subcontract that refer back to terms in the prime contract. These provisions are commonly referred to as "flow-down" clauses. Most subs ...
Managing subcontractors is often one of the trickiest parts of a build. As projects grow more complex, with overlapping tasks, tight timelines and increasing client expectations, keeping trades ...
Drafting and negotiating subcontracts can be tricky for both general contractors and subcontractors. General contractors are caught in between owners and subcontractors as the ones that will be held ...
Tax guidelines require businesses to report the amount paid to subcontractors during the year on the annual tax return. To report the amount paid, the business submits the total paid along with the ...
Have your company’s insurance premiums gone up even though your losses don’t justify it? There can be many reasons for such increases, but according to the American Subcontractors Association (ASA), ...
This subcontractor intends to purchase $60,000 worth of materials for a $100,000 subcontract. So, chances are good that, absent fraud, the subcontractor has identified all of its major suppliers. If ...
The labor shortage in the construction industry is one of the country's great, unsolved problems as the economic expansion has continued. While it has caused prices to shoot up, it has also created a ...
Agreements between contractors and subcontractors are governed by the law of contracts. The relationship between contractors and subcontractors is one that usually arises when a contractor bids on a ...
David Panetta's roof plumbing business once employed more than 40 people and turned over $7 million in profit a year. But after the company it was contracted to became insolvent, Mr Panetta lost his ...
Nationwide, a historic flood of bipartisan funding for fiber broadband internet is now being unleashed at all levels of government in a bid to close America’s “digital divide”—the gap between those ...