
Subcontracting Agreements
A subcontracting agreement is a legal arrangement where a primary contractor rents out part of a project to another company or individual, called a subcontractor. This allows the main contractor to delegate specific tasks or services while maintaining overall responsibility for the project's completion. The agreement details the scope of work, timelines, payment terms, and responsibilities of both parties. Essentially, it helps ensure that specialized tasks are handled efficiently by experts, and all parties understand their roles to complete the project successfully.