Five Mistakes Subcontractors Commonly Make Before Signing Construction Subcontracts
Construction subcontractors assume a tremendous amount of risk with each subcontract that they sign with a prime contractor. While much of that risk cannot be avoided, there are some risks that subcontractors can reduce (if not eliminate) by avoiding the following mistakes prior to signing their subcontracts.
1. They Do Not Receive a Copy of the Prime Contract
Subcontracts often include a provision stating that the subcontractor is bound to the prime contractor on the same terms […]