Remove Compensation Remove Employment Remove Subcontracting
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The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. As a freelancer or independent contractor, you may also need to pay the higher self-employment tax rate.

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Q2 Construction Labor Costs $28.13/Hour

Job Order Contracting

Construction compensation increased 0.8% Production responsibilities for establishments in this sector are usually specified in (1) contracts with the owners of construction projects (prime contracts) or (2) contracts with other construction establishments (subcontracts). Employment (in thousands). Employment, 2015.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

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. Employment practices liability. An uninsured business would likely not have the financial resources to pay a large legal settlement.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

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).)

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

project task/line item, a full description in plain English, a unit of measure and a corresponding unit price, including labor, material, and equipment details, and an associated approved contractor coefficient are to be the basis for Contractor compensation. The UPB costs should NOT include contractor overhead and profit. to 5:00 P.M.

Contract 100
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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Each field of subcontracting work has its own area of focus in insurance matters. Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments.

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New Guidance on the Vaccination Mandate for Federal Contractors

Federal Construction Contracting Blog

The guidance states that where the new clause is included in a contractor’s contract (or subcontract), the vaccination requirements will apply to all “covered contractor employees.” However, the guidance now places a heavier burden on employers, requiring that they inspect each employee’s proof of vaccination.