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#67:  Paying Your Subcontractor's Employees

NH Construction Law

Before subcontracting any significant portion of a long term job to someone who isn’t known to be financially solvent, the wise general will ask for proof that the sub can carry the strain of weekly payroll through a monthly requisition procedure, with retainage. How does a GC protect itself? § 5.5(a)(6).)

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Project owners or GCs will want a certificate of insurance proving that you have your own liability insurance. . The bottom line is: Subcontracting work will be very difficult to secure if you carry no insurance or policies with inadequate coverages. . Such an occurrence could threaten the existence of your contracting business.

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Job Order Contracting – Best Practices Implementation

Building Information Management

Subcontracts. At the completion of the project, any savings associated with the Subcontract may be required to be passed along to the Order by way of a change order. At the time of project completion, the Contractor will submit a Certificate for Payment or similar document to be approved by the Owner JOC authority.