When you own a business, there may be times when you must hire subcontractors. Along with going through the contracting process and making sure that the work is done, you also have to protect yourself and your company.<\/p>\n
This is where a master subcontract agreement comes in.<\/p>\n
If you are wondering about\u00a0master subcontract agreements, this article should help fill in the blanks and give you more confidence on drawing up your own when the time comes.<\/p>\n
There are many instances when a business will need a subcontractor. For example, Company A has a small business that fixes computers<\/a> on-site and in some cases, at the customer’s home. Company A hires a subcontractor to do the work at the customer’s home when that need arises.<\/p>\n Another example is a web designer who hires a subcontractor as the programmer or graphic designer for the design process and then does the programming themselves.<\/p>\n In both cases, there has to be a contract in place to protect Company A, and this is where a master subcontract agreement comes into place.<\/p>\n There are three major components that are included in a master subcontract agreement. However, these are the bare minimum. They include:<\/p>\n Next, you need to ensure that the entirety of the work is described in detail. This scope of the work should include expectations of the subcontractor\u2014precision here is a key element. For example, if you have promised a specific rate of pay that is hourly, a logged detail of this is integral to your contract promise.<\/p>\n While you cannot always remember every single detail, it\u2019s better to have too many details rather than miss something important. This does not mean you have to weigh down the contract with legalese; it simply means to cover all of your bases, even if it\u2019s in layman’s terms.<\/p>\n Here are a few must-have items on your master subcontract agreements:<\/p>\n There are a few things to keep in mind that may not come up but should be addressed if applicable.<\/p>\n Make sure that you have insurance that covers a subcontractor. If not, some subcontractors carry their own in the form of general liability insurance<\/a>. However, if they notify you that they are adding you as an additional insured<\/a>, be sure to get proof of the certificate of insurance, not just their word. You want to make sure you are protected\u2014either through your own insurance or theirs\u2014with proof.<\/p>\n Another area to address is the subcontractor further subcontracting work out. If this is something you do not approve of happening, be sure to put that clause into your master subcontract agreement so it doesn\u2019t become an issue in the future.<\/p>\n Master subcontract agreements do not have to be confusing or complicated. If you have questions about them or about making sure you have your own proper insurance coverage, we can help answer your questions. Simply\u00a0contact us<\/a>\u00a0and we’ll be more than happy to help.<\/p>\n","protected":false},"excerpt":{"rendered":" When you own a business, there may be times when you must hire subcontractors. Along with going through the contracting process and making sure that the work is done, you also have to protect yourself and your company. This is where a master subcontract agreement comes in. If you are wondering about\u00a0master subcontract agreements, this […]<\/p>\n","protected":false},"author":5,"featured_media":64161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[117,90,92,87],"tags":[110,114,330,331],"class_list":["post-3241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-owner-responsibilities","category-general-liability-insurance","category-independent-contractor","category-technology-insurance","tag-independent-contractor","tag-independent-contractor-agreement","tag-master-subcontract-agreements","tag-subcontractors"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\tWhat To Include In A Master Subcontract Agreement<\/h2>\n
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Necessities To Include<\/h2>\n
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Things To Consider<\/h2>\n