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 ...
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 ...
When companies face a complex project that seems impossible to achieve, who do they call? Subcontractors! Despite more mergers and acquisitions happening now more than ever, big contractors still need ...
Many companies only vet and prequalify their prime contractors and suppliers, leaving subcontractors unchecked. This can lead to hidden risks due to a lack of visibility. Relying solely on prime ...
For decades, construction contracts and subcontracts—both in New York and elsewhere—seem to have attracted more than their share of payment disputes. Owners regularly run out of money. Contractors and ...
Many contractors employ pay-if-paid provisions in their subcontracts, which may present difficulties for subcontractors seeking to be paid in a timely fashion. A pay-if-paid provision generally ...
Slow and unreliable payments are influencing how subcontractors price and pursue future work, with preliminary findings from a recent Payapps, an Autodesk Company survey of 754 subcontractors across ...
Quick pay programs for subcontractors, set up through general contractors, alleviate cash flow challenges and stabilize ...
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