Building Construction Contract Agreement Sample​

The sub-contract specifies the duties and responsibilities of the sub-contractor, ensuring all tasks are carried out in accordance with the agreed-upon terms and conditions. It often includes clauses regarding the scope of work, payment schedules, and compliance with industry standards and regulations.

Unlike traditional contracts in the construction sector, this specific sub-contract does not incorporate retention clauses, meaning there is no portion of payment withheld until the project's completion. This approach can be beneficial for sub-contractors in managing their cash flow, as they receive full payment for their daily work rates without delays.