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 ...
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 ...
Disputes and delays can be avoided with clear planning and strong communication throughout a project’s lifecycle, writes a ...
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 ...
In construction recruitment, managing compliance and cash flow isn’t always straightforward. Between checking UTRs, applying ...
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 ...
Many companies only vet and prequalify their prime contractors and suppliers, leaving subcontractors unchecked. This can lead to hidden risks due to a lack of visibility. Relying solely on prime ...
Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
Subcontractors introduce significant risks to extended supply chains. Hiring companies need direct visibility and oversight to protect their operations. A strong subcontractor risk management program ...
A general contractor is like the head coach of a football team: the buck stops here. When there are problems on a construction project, the owner expects the contractor to fix them. Sometimes a ...
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