Several key elements must be included in a subcontracting agreement. And there are some things that subcontractors should pay attention to. These are the elements that can have a positive or negative impact on the agreement. « existing intellectual property » means any intellectual property designed or developed by a party or third party before the subcontractor provides services under this Agreement or a contract, or which at any time is designed or developed independently of the Services and Services. Sometimes there may be a misunderstanding or dispute between the contractor and the subcontractor. These documents deal with this scenario in « XIII. Dispute Settlement ». If both parties need to agree to a « mandatory arbitration » procedure to resolve a dispute, select the first control box. If both have to accept a non-binding arbitration procedure, select the second check box.
If they need to go through a « mediation » procedure instead, activate the third control box and indicate whether they need to enter « binding arbitration » or « dispute » to settle the case. Well, in the fourteenth article (« FOURTEENth termination »), we must give some details about the end of this agreement. If this contract is to be terminated after the conclusion of the documented conditions and neither the contractor nor the subcontractor can terminate the contract earlier, activate the « No termination rights » box. If only the contractor has the possibility to terminate this contract prematurely, activate the control box that is affixed to the word « Only contractor has the possibility to terminate ». Make sure that you indicate the number of working days that the contractor before the official termination as a notice in the blank line according to the terms « . With at least. « Also make sure you have the percentage. » The subcontractor may expect from the contractor the actual cost of the work performed as compensation for overheads and profits. If only the subcontractor has the right to terminate the agreement, activate the third control box (called « Only subcontractor has the possibility to terminate »). This description requires the number of working days that the subcontractor must have given to the contractor before the termination of this contract. PandaTip: This model subcontracting agreement was developed with reference to certain laws in Canada. Consult the legal questions concerning the impact of the change in the legislation in force.
Non-compliant services and services. If any of the services provided or services provided do not meet the requirements of the task order, Prime may request the subcontractor to re-perform the services, replace or repair the non-compliant services in order to bring them into compliance with the requirements of the contract at the sole expense and costs of the subcontractor. If deficiencies in services and/or services cannot be filled by a new filling, Prime: (a) may require the subcontractor to take, at its own expense and expense, the necessary measures to ensure that the future performance complies with the requirements and/or (b) to reduce the price to be paid in connection with the contract in question in order to reduce the reduced value provided by the subcontractor and/or by Premium Benefits and/or benefits. 1 – Save the subcontract of this page on your computer. Prime compensates the subcontractor in accordance with the mission in force. All T&M work is paid at the hourly rates indicated in the mandate, regardless of the number of hours per week actually performed by the subcontractor. Unless otherwise agreed, the Contractor is solely responsible for the payment of overtime pay to its staff and will not seek such compensation from Prime. . .