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Are You Holding Back Your Company's Growth?

Construction Business Owner

You priced estimates yourself, presented bids in person, signed every contract, made all the important decisions, negotiated subcontracts, ordered materials needed, supervised most jobs, handled all the paperwork, created invoices, paid the bills, met with customers and handled all the problems.

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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. You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work.

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ISG cladding pay row takes another twist

Construction Enquirer

cladding subcontract arose when FK issued a £1.69m application for payment which was greeted with a payless notice and then not paid. The Enquirer understands that FK is attempting to negotiate an overall settlement with ISG but has not been able to progress discussions. The payment dispute over the £3.4m

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What FAR Council Updates to Small Business Contracting Requirements Mean for Large and Small Business Contractors

Federal Construction Contracting Blog

For example, one of the rules makes noteworthy changes to the FAR’s Limitations on Subcontracting, resulting in a more friendly regulatory landscape for small business prime contractors. Limitations on Subcontracting – Helpful Changes for Small Business Prime Contractors.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

For this reason, construction professionals must find better ways to craft and negotiate agreements. She recalls her experience speaking with a fellow attorney who had to go through a 129-page subcontract that could have been cut down to ten pages. This starts with using contracts that people can easily comprehend.

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Job Order Contract Execution

Job Order Contracting

Purchasing and facility management review the contractor’s proposal and purchasing negotiates a fair and reasonable price. Subcontracting Plan Regarding Small, Small Disadvantaged and Women-Owned Small Business. An IGE is REQUIRED for orders valued above a set level, generally $100,000-$150,000 or more.).

Contract 100
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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. Court of Appeals for the 4th Circuit concluded that a “pay if paid” clause in a subcontract was not ambiguous and, therefore, enforceable against the subcontractor.