Subcontractor Agreement
Subcontractor Agreement
Subcontractor Agreement
20__, between: The Contractor: (Insert contractor name, address, phone number and license #) The Subcontractor: (Insert contractor name, address, phone number and license #) For the following project: (Insert Project name and address)
1. Scope of Work. a. The Subcontractor shall perform all of the Work on the Project as shown on the Drawings and as described in the specifications, all in accordance with scope described herein and the terms of the Contract Documents. Description of Work: (enter work description)
2. The Work Work will begin on {date}, and is estimated to take {length of time} to complete. 3. Payment Terms. a. The Contract amount shall be INR_________________ b. This amount is payable by {details of how payment will be made, including any deposits}. c. Final payment, constituting the entire unpaid balance of the Contract Sum, shall be made by the Contractor to the Subcontractor when the Contract has been fully Performed by the Subcontractor and when final payment is received from the owner. Such final payment shall be made not more than fifteen (# of days) days after Approval by Contractor.