§ 188.8.131.52 For each progress payment made before the essential completion of the subcontractor`s work, the contractor may withhold the following amounts as a deduction from the payment due elsewhere: (Add a percentage or amount to be withheld from each payment request). The amount of the withholding may be limited by applicable law.) Since AIA documents bind the subcontractor to the terms of the master ownership agreements, the subcontractor clearly needs access to those documents. But the A401 doesn`t really need the Prime to provide this information to their submarines. It is sufficient for the Prime Minister to « provide documents ». Levelet also offers several free contract templates for download, including a standard construction contract and a subcontract. Your documents contain some of the best practices in the industry. They usually offer a balance between a contractor and those at the top of the construction payment chain. Two of the most common are the A101 Owner-Contractor Agreement (for a lump sum project) and the A201 (general conditions of the construction contract). Subcontractors should read and understand all AIA contract documents related to their project.
While retention oftainment in the construction industry has become a fairly standard practice, it is not necessary. And this is certainly not an advantage for the subcontractor. If it is a matter of being paid, few documents will be more important to the subcontractor than their contract with the GC or the main contractor. The contract generally states that AIA contract documents are standardized forms applicable to many projects, commercial or private….