This Construction Sub-Contract (Instalment Payments, Fixed Daily Rates, With Retention) can be used by a builder to appoint any kind of construction sub-contractor, such as a plumber, electrician, plasterer, bricklayer etc. The Agreement is suitable for all small scale construction projects. 
 
The Agreement provides for payments to be made in instalments on the submission of invoices by the Sub-Contractor. The payments are not fixed at the outset but are calculated based on daily rates for the Sub-Contractor and his staff. There is the option for the Sub-Contractor to receive an additional payment for materials and expenses. Alternatively, such expenses can be allowed for in the hourly rate.
 
There are retention provisions. If a retention is not required, please use one of our No Retention templates.
 
If payment is to be made in instalments as determined by the Contractor, please see our Notified Instalments Sub-Contracts. If there is simply to be one payment on completion of the Works, please see our Lump Sum Payment templates. If a more robust Sub-Contract template is required, including provisions for variations, extensions of time and liquidated damages, please see our Longer Form Sub-Contracts.