#Independent contractor agreement templates for ms word professional#
Using a subcontractor agreement template is the next best thing compared to an agreement prepared by a professional legal team. You may need to add special conditions that are specific to your industry or the project that the subcontractor is being hired to help with. The cost is considerably less and contains all of the necessary areas that you are likely to need.
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There are subcontractor agreement templates available online which can assist in preparing an agreement if you are unable or do not want to use a legal firm to draw up an agreement for you. The subcontractor must also satisfy the IRS that they are allowed to work as a subcontractor – Form IRS Form W-9 What Is a Subcontractor Agreement Template? The agreement is a legally binding document and should be assembled by a professional using clear, concise, and legal language that is binding on both parties with specified ramifications if either party is in breach of the agreement. A good subcontractor agreement also covers liabilities, insurance, and responsibilities of the subcontractor and any other conditions pertinent to the industry, e.g., the subcontractor provides their insurance coverage, pays their taxes, and so on.
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The agreement specifies the role the subcontractor will fill, how much they will be paid, what they will deliver, and by when. A subcontractor agreement is an agreement between the general contractor and a subcontractor.