http subcontractor payment agreement com Account Portal Instructions Help Guide

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How much should a contractor pay a subcontractor?

Some subcontractors require 50 percent of the total project fee up front before they agree to start the work. Another option is to request payment after phases of a project are completed.

What should you charge as a subcontractor?

In general, a rate should be based on a few specific details. It should include you or your crew’s hourly rate, the cost of materials, any overhead expenses and some amount of profit. But when many subcontractors start out, they only cover the hourly rates and the cost of materials. That’s why so many subcontractors come and go.

How does a subcontractor get paid?

When the city decided to do a $7-million renovation of the JL Grightmire Arena in the fall of 2017, the plan was to have the Dundas rink out of commission for one winter season.

How do you pay subcontractors?

  • Discuss pay and benefits thoroughly. Leave some room for negotiation once the client has reviewed your resume, but make sure you have a good idea of what will be provided. …
  • Find out what the vendor will be billing for your services. …
  • Understand the relationship between the vendor and the client. …

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