Contractors bid on large construction projects, and then they farm out 80 to 90 percent of the work to subcontractors, who specialize in certain aspects of projects, such as carpentry or electrical ...

This subcontractor intends to purchase $60,000 worth of materials for a $100,000 subcontract. So, chances are good that, absent fraud, the subcontractor has identified all of its major suppliers. If ...

The typical arrangement on most construction projects is that the property owner or developer engages the services of a general contractor or construction manager, which in turn subcontracts the work ...

Consider this: A subcontractor hits a gas line while digging, severely injuring workers. The subcontractor blames inaccurate markers, but liability falls on them—and you, the general contractor. Every ...

Subcontractors perform work for general contractors, who give them part of an existing contract to complete. The general contractor has a written agreement with the employer to perform a job. The ...

A combination of macroeconomic factors and a desire to drive top-line revenue continues to lead many subcontractors to underbid projects, sometimes unintentionally, ultimately contributing to ...