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The bottom line is: Subcontracting work will be very difficult to secure if you carry no insurance or policies with inadequate coverages. . Workers compensation insurance. An uninsured business would likely not have the financial resources to pay a large legal settlement. 7 insurance policies subcontractors may need.
Similarly, New Hampshire law provides that if a subcontractor doesn’t pay amounts owed to its employees under workers’ compensation laws, the general contractor must cover those as well. But even on private projects written subcontracts can reserve the right to inspect subcontractor payroll records. RSA 275:46. § 5.5(a)(6).)
The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. 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.
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