Untimely or poor subcontractor work can prevent contractors from completing projects on schedule and within budget. To prepare for that possibility, it makes good business sense to create a written subcontractor agreement.

A well-written agreement carefully describes the work that will be performed, outlines firm work and payment schedules, and provides the contractor with a remedy for poor performance. It brings order to daily operations by spelling out who is responsible for what. A written contract can save money by helping you avoid disputes that could damage...

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