Subcontracting: How It Works, Benefits, Definition, and Taxation
Web5 days ago · Subcontracting is the practice of assigning, or outsourcing, part of the obligations and tasks under a contract to another party known as a subcontractor. Subcontracting is especially...
Subcontractor: Definition, Types and Difference From Contractor - Indeed
WebSep 30, 2022 · A subcontractor is a professional who performs a task on a contract basis. Subcontractors are usually specialists in one specific area of a project and have developed strong skills in their area of expertise. You will often find subcontractors in these industries: Administration. Construction. Creative. Engineering. Health care. Industrial. Retail.
Subcontractor Definition & Meaning - Merriam-Webster
WebJan 17, 2024 · The meaning of SUBCONTRACTOR is an individual or business firm contracting to perform part or all of another's contract.
What Is a Subcontractor? Understanding Subcontractor Management
WebJun 9, 2023 · What Is a Subcontractor? A subcontractor is a free agent employed on a job-by-job basis when their skills are needed to execute a construction project. Usually, these skills are specialized rather than generalized.
Subcontractor - Wikipedia
WebA subcontractor is a person or business that undertakes to perform part or all of the obligations of another's contract . A general contractor, prime contractor or main contractor may hire subcontractors to perform specific tasks as part of an overall project to reduce costs or to mitigate project risks.
Subcontractor: Definition and Scope of Work | SafetyCulture
WebDec 13, 2023 · What is a Subcontractor? A subcontractor is a person, team, or business that is slated to do a certain part of all of another’s project or contract. Often, a subcontractor has a certain field of expertise or task that they specialize in and which is what they are hired for.
Types of Subcontractors in Construction | Procore
WebMar 13, 2024 · A subcontractor, however, describes any contractor hired by a party other than the owner. Subcontractors may be hired by the GC or by another subcontractor. These contractors usually specialize in a specific area of work. They are commonly known as specialty contractors or trade contractors.
What Is a Subcontractor? Everything You Need to Know - Hourly
WebA subcontractor is a person or company hired by a main contractor to do a specific job on a larger project. Subcontractors charge for their services and are often freelancers who work for themselves. Whereas a contractor has a good general understanding of all the factors involved in a project, a subcontractor is more of a specialist.
Contractor vs. Subcontractor: What’s the Difference? | Insureon
WebMar 28, 2023 · By Brian Carlton. Updated: March 28, 2023. Learn about the difference between contractors and subcontractors and the types of liabilities that they face. Every contractor and subcontractor should know their legal liability, contract requirements, and small business insurance needs for every project. Liability differs depending on the role.
What Are Contractors and Subcontractors? - Rocket Lawyer
WebWhat Is a Subcontractor? If a contractor manages the construction site, what is a subcontractor? A subcontractor works under a contractor. Here's how it works: You give the contractor a contract to build a house. The contractor gives a contract to Company A to install the roof and Company B to build the walls.
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