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Subcontract Costs means those sums properly paid or due and payable to Subcontractors under the terms of the Subcontracts.
Construction Contractors Must Be Registered. Washington State requires all construction contractors to register with LI. State law also requires construction contractors to be bonded and insured to protect the public. Once registered, contractors can bid, advertise, and perform construction work.
There is no state license for handymen in Washington. However, all contractor and specialty contractors must register with the Washington State Department of Labor and Industries.
Even though you dont need to have a specific license to run a handyman business, you do need to register as a contractor. All professionals looking to perform construction, remodeling, installation, demolition, and repair work must register with the Washington State Department of Labor Industries.
Contractor Specialties Register your business with Department of Revenue. Get a surety bond or an assignment of savings. Purchase a general liability insurance policy. Complete your Application for Contractor Registration. Pay the required application fee of $124.70.
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You can hire independent contractors for less cost long-term; however, they charge higher hourly rates to compensate for their self-employment taxes. 6 A general rule of thumb is that hourly contractor rates are 50% to 70% more than what you would pay a permanent employee.
Washington does not offer a handyman license. However, general contractors and specialty contractors are required to register with the states labor and industry board. Handyman professionals are referred to as specialty contractors who perform minor work on existing properties with a value less than $2,000.
As of March 2021, the fee to apply for a Washington contractors license or specialty license is $117.90. You will need to renew your license annually, and the renewal fee is the same as your initial registration fee.
In the State of California, individuals that perform handyman services cant charge more than $500 for labor and materials. This also means that you are not allowed to split up the project into smaller stages or parts to stay under the $500 limit.
The pros of subcontracting In many industries, subcontractors can earn a higher hourly rate than if they were working as employees. Subcontracting also means working on a greater variety of projects, which can be a great way for a contractor to rack up a broad skill set.

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