Short Form Standard Subcontract - Free Download
4.2, 3972 votes
Please vote for this template if it helps you.
SHORT FORM STANDARD SUBCONTRACT
This Agreement is made this__________________ day of _____________________________ , 20 ______ , between
________________________________________________________________ (Contractor) and
The work described in Section 1 below shall be performed in accordance with the prime contract between Contractor
and __________________________________ (Owner) and in accordance with all plans, specifications and other
contract documents attached to or incorporated into the prime contract for the project known as:
The Construction Lender (if applicable) is:_____________________________________________________________
SECTION 1. SCOPE. Subcontractor agrees to furnish all labor, materials, equipment and other facilities required to
complete the following work:
SECTION 2. PRICE AND PAYMENT. Contractor agrees to pay Subcontractor for the strict performance of his work
the sum of: ____________________________________ ($ _____________ ) or as set out in Section 15 below,
subject to adjustments for changes in the work as may be directed in wnting by Contractor.
Payment shall be made in monthly progress payments of____________________ percent ( _______ %) of labor and
material which have been incorporated into the work of improvement; progress payments to Subcontractor shall be
made only with sums received by Contractor from Owner for work performed by Subcontractor as reflected in
Contractor’s applications for payment Final payment of the balance owed to Subcontractor shall be due fourteen
days after receipt by Contractor of final payment from Owner for Subcontractor s work Subcontractor agrees to
furnish, if and when required by Contractor, payroll affidavits, receipts, vouchers, releases of claims for labor, and
material and agrees to furnish same from its subcontractors, suppliers andlor materialmen in form satisfactory to
Contractor prior to receipt of any payment Contractor may, at its option make any payment or portion thereof by
joint check payable to Subcontractor and any of its subcontractors suppliers and/or materialmen
If owner or other responsible party delays m making any payment to Contractor from which payment is Subcontractor
is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor.
"Reasonable time" shall be determined according to the relevant circumstances, but in no event shall be less than the
time Contractor, Contractor's sureties, and Subcontractor require to pursue to conclusion their legal remedies against
Owner or other responsible party to obtain payment, including (but not limited to) mechanics' lien remedies.
If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility
of the Owner or another party, including but not limited to claims for failure to pay, an extension of time, delay
damages, or extra work, Contractor will present the Subcontractor's claim to the Owner or other responsible party. The
Subcontractor shall cooperate fully with the Contractor in all steps taken in connection with prosecuting such a claim
and shall hold harmless and reimburse the Contractor for all expense, including legal expense, incurred by Contractor
which arise out of Contractor's submission of Subcontractor's claim to Owner or other responsible party. Subcontractor
shall be bound by any adjudication or award in any action or proceeding resolving such a claim.
SECTION 3. ENTIRE AGREEMENT. This Agreement represents the entire agreement between Contractor and the
Subcontractor and supersedes any prior written or oral representations. Subcontractor, its subcontractors, suppliers
and/or materialmen are bound by the prime contract and any contract documents incorporated therein insofar as they
relate in any way, directly or indirectly, to the work covered by this Agreement.
SECTION 4. TIME. Time is of the essence of this Agreement. Subcontractor shall provide Contractor with scheduling
information in a form acceptable to Contractor and shall conform to Contractor's progress schedules, including any
changes made by Contractor in the scheduling of work. Subcontractor shall coordinate its work with that of all other
contractors, subcontractors, suppliers and/or materialmen so as not to delay or damage their performance.