Subcontractor's Agreement Massachusetts Form
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People also ask
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Do subcontractors need a license in Massachusetts?
All contractors, partnerships, and corporations that solicit, bid on, or perform residential contracting as a contractor or subcontractor on an existing one to four unit owner occupied residential property in Massachusetts must be registered as a Home Improvement Contractor (HIC).
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What is the law for contractor payment in Massachusetts?
On private projects, Massachusetts Prompt Pay law requires property owners to make progress payments to Prime Contractors within 45 days after approval of invoice. The invoice must be approved or denied within 15 days.
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How many days after receiving a progress payment must the prime contractor pay the subcontractor?
Payment Deadlines for Private Projects Progress payments from the owner to the prime contractor must be made within 30 days of the payment request, unless the contract says otherwise. Once the prime contractor receives a progress payment, they have 7 days from receipt to pay their subcontractors or suppliers.
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How long does a contractor have to pay a subcontractor in Massachusetts?
Generally, the general contractor (GC) must pay each subcontractor (sub) as soon as he receives any payment from the awarding authority for work or materials the sub has already provided. Within 65 days after the sub has completed all his work on the project, he is due the entire balance (minus any retainage).
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What is a sub-contractor agreement?
A subcontractor agreement outlines the business relationship between subcontractors and contractors during a project. It states what work the subcontractor will complete on behalf of the contractor. Ensuring all parties know their responsibilities and obligations is important to any project.
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How long is a contractor liable for work in Massachusetts?
Construction Law and the 'Right to Cure' Statute of Limitations Massachusetts 6 years for contracts 3 years for torts Michigan 6 years for contracts 3 years for torts 1 year for injury resulting from gross negligence Minnesota 2 years from discovery of injury for contracts or torts Mississippi 3 years for contracts and torts47 more rows
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What are the three different types of subcontractors?
There are 3 kinds of subcontractors in the construction industry Nominated subcontractors. Domestic subcontractors. Named subcontractors.
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