A Subcontract Agreement is a legally binding contract between a main contractor (often referred to as the “general contractor”) and a subcontractor, outlining the terms and conditions governing the performance of specific tasks, services, or deliverables related to a larger project.
This agreement delineates the roles, responsibilities, obligations, and rights of both parties to ensure clear communication, mutual understanding, and compliance with the project’s objectives, timelines, quality standards, and contractual requirements.
Both the primary contractor and the subcontractor should carefully review, negotiate, and execute the subcontract agreement in good faith.