This Construction Sub-Contract (Lump Sum on Completion, 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 a one-off payment to be made on completion of the works. The payment is not fixed at the outset but is 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.