Subcontractors Package - Ohio 2025

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A subcontract in the realm of construction is essentially an agreement in which a main or primary contractor hires another party, known as the subcontractor, to perform a specific construction-related task (or set of tasks) within the broader project.
Individual subcontracting plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offerors planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint
When you are looking at supply chain procurement, there are three types of subcontractor: Domestic Subcontractors. Nominated Subcontractors. Named Subcontractors.
Hiring subcontractors allows your business more flexibility than if you were to hire new, permanent employees. Rather than bringing them on for long term work, you hire the contractors to work on a few short term projects and then part ways. Be forewarned, sometimes they turn into a lifetime business relationship.
Contractors packages are specifically tailored to provide necessary coverage for your business. This typically provides blanket additional insured, aggregate per project, installation floater, builders risk, and other specialized coverage for contractors.
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General contractors and subcontractors that dont fall into those categories do not need to pursue licensing with the state. However, just about every contracting business needs to carry a business license issued by the state. Businesses can register for a license through the Ohio Secretary of State.
For example, a caterer specialising in cupcakes may subcontract for a wedding event, creating branded cupcakes for companies involved in the event to advertise their services.
ing to Ohios Prompt Payment laws, subcontractor payments are due within 10 days after their hiring party receives payment on private construction projects.

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