Hi this is mrs. and I'm with the janitorial spot today we're going to talk about what if you're asked to be a subcontractor for a prime so a prime is the company that actually has the obligation with the client and they are looking for a subcontractor just like you look like look just as you look for subcontractors to prservices say if you do not prcarpet services or floor services you're actually looking for subcontractor you're asked to become a subcontractor is this a good idea or not yes and no yes if you make sure that you look over the contractor agreement that they're providing normally they prit for you so they will spell out the terms and conditions on what is needed and necessary for you to be a subcontractor for them the normal rate is 80% to the sub and 20% to the prime so that's 80/20 that's not the rule but that's the normal rate but make sure you feel comfortable with the subcontractor agreement read over it if you need to have someone to look over it make sure you do and secondly check to make sure the terms prif you have to self perform or if you're allowed to have employees prthe services so perform means the actual contractor agreement means you have to prthe services not your subs not your employees but you yourself now they may have it where you are as the owner allowed to work along with your subcontractors or along with your employees but check out the words the Burbidge if it says self performed normally they want you to perform the services yourself hopefully you will have a fantastic relationship with your prime and it's a really great way to get your foot in the door...
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Subcontractor statutory declaration victoria Form: What You Should Know
Your name and contact information will be used to process your payment This statutory declaration is to be made from your personal computer, smartphone, tablet or computer of which you have possession.  Please be sure to save this form to your computer along with a copy of the contract containing the progress payment. If you receive a payment, please email a copy to [redacted]. Secured Payments by Subcontractor on the Status Line In order to receive payments on a construction project that is being progressed by contract and in progress, the Subcontractor has to be verified as being in possession of a security card which is on the status line as detailed below. We process payments this way as payment is only issued to the Subcontractor if verified as being in possession of a required security card. Secured Payments by Subcontractor Secured Payments in the Status Line Secured payments are a form of payment that will be made by the Subcontractor on the status line when the project is in progress. Secured Payments are only issued where the contract is in progress. These payments may be made using cash, prepaid bank card and can be used to purchase goods or services that the Subcontractor may then receive a portion of. Secured Payments are used to ensure that contractors continue to deliver on construction contracts in progress. If an individual is making a secured payment on the status line of a project on their own behalf, they will be issued a Secured Payment Card from Construction Contractors Victoria. Payments on this card are the same as secure payments that would be made for a contract at the status line level. This way the contractor can be reimbursed if that payment is used towards completing the work and can then be issued to the individual as a payment in full. Payment of Secured Fees If an individual is making a secured payment on the status line of a project, you can be reimbursed for up to the amount of your secured payment. An amount of 25 will be credited to you within 60 days from the date the payment is made and is non-refundable if you use any money for any purpose other than the payment of your secured payment.
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