This Longer Form Construction Sub-Contract (Invoiced Instalments, 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 construction projects where a more detailed form of Agreement is required.
 
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 daily rate.
 
There are retention provisions and clauses dealing with variations to the Works, extensions of time and liquidated damages.
 
Simpler sub-contract templates can be found in our Lump Sum Payment, Invoiced Instalments and Notified Instalments subfolders.