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LONG FORM STANDARD SUBCONTRACT
TABLE OF
CONTENTS
PAGE
SECTION 1. ENTIRE CONTRACT .......3
SECTION 2. SCOPE .......3
SECTION 3. SUBCONTRACT PRICE .3
SECTION 4. PAYMENT SCHEDULE/RETENTION .....
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01
Start by obtaining a copy of the long form standard subcontract.
02
Read through the subcontract carefully to familiarize yourself with its contents.
03
Gather all the necessary information and documents needed to fill out the subcontract, such as project details, parties involved, scope of work, and payment terms.
04
Begin filling out the subcontract by entering the relevant information in the appropriate sections or fields.
05
Provide accurate and complete information to avoid any misunderstandings or disputes in the future.
06
Review the filled-out subcontract to ensure all the required information is provided and there are no mistakes or omissions.
07
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Submit the completed subcontract to the relevant party or organization as instructed.
Who needs long form standard subcontract?
01
Long form standard subcontracts are typically needed by contractors or subcontractors involved in construction, engineering, or other similar projects.
02
They are commonly used when there is a need for a comprehensive and detailed agreement to outline the responsibilities, terms, and conditions between the contractor and subcontractor.
03
Both parties can benefit from having a written subcontract that clearly defines the project scope, payment terms, timelines, indemnity provisions, and dispute resolution mechanisms.
04
By having a long form standard subcontract in place, it helps minimize misunderstandings, disputes, and potential legal issues between the contractor and subcontractor.
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What is long form standard subcontract?
Long form standard subcontract is a detailed contract between a prime contractor and a subcontractor that outlines the terms and conditions of their working relationship on a construction project.
Who is required to file long form standard subcontract?
Both the prime contractor and the subcontractor are required to file the long form standard subcontract.
How to fill out long form standard subcontract?
The long form standard subcontract should be filled out by accurately providing all the required information such as project details, scope of work, payment terms, etc.
What is the purpose of long form standard subcontract?
The purpose of the long form standard subcontract is to clearly define the roles, responsibilities, and expectations of both the prime contractor and subcontractor to avoid disputes and ensure project completion.
What information must be reported on long form standard subcontract?
Information such as project details, scope of work, payment terms, insurance requirements, change order procedures, dispute resolution process, etc., must be reported on the long form standard subcontract.
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