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(a1) Any person may prefer charges of fraud, deceit, negligence, or misconduct against any general contractor licensed under this Article. The charges shall be in writing and sworn to by the complainant and submitted to the Board.
How long does a contractor have to pay a subcontractor in NC?
Prime Contractor to Subcontractor (Private): 7 days after receipt of payment from owner. Interest/Penalties (Private): Interest at a rate of rate of 1% per month. Owner to Prime Contractor (Public): Except for projects with the Department of Transportation, final payment is due 45 days after acceptance or occupancy.
What needs to be in a subcontractor agreement?
Both sides need to agree on a start date, end date, and important milestones and due dates to track progress. A well-defined schedule helps manage the project efficiently and ensures that the subcontractor aligns with the projects timeline.
Can a contractor sue you for not paying?
Yes, a contractor can sue for nonpayment. You could face a lawsuit or arbitration even if you as a property owner had a good reason not to pay your contractor.
What is a subcontractor agreement?
Filing the lien: If you have not been paid by the terms of your contract, and the above documentation has been submitted, you can file a mechanics lien. You must file the lien within a certain number of days after the last day of work performed for the job, depending on the type of work performed.
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What happens if a contractor does not pay a subcontractor in North Carolina?
While a contract can be made orally, it is good practice to have a written contract in place before the subcontractor begins work. Contracts are generally bespoke to each project, said Julie, but as a bare minimum must confirm scope of works, price, programme and payment.
What to do if your contractor doesnt pay you?
File a Complaint: If the contractor is licensed, you can file a complaint with the appropriate licensing board or consumer protection agency. Small Claims Court: If you cannot resolve the issue, you may consider taking the contractor to small claims court, depending on the amount in dispute and local laws.
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The grants administrator will complete a subcontract agreement and forward to the subcontractor for review and signature. If no negotiations are required
As used herein, contractor generally refers to any individual or firm that has been engaged to perform services for Cree Lighting under a written service
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