An Oklahoma Subcontractor Agreement outlines the working relationship between contractors and subcontractors.
It provides details about the scope of the work on a project, subcontractor requirements (like insurance), when subcontracted work begins and ends, and how and when the contractor will pay the subcontractor.
Sometimes when a contractor accepts a job to improve a piece of real property, he or she does so without all the skills, equipment, or other resources necessary to complete everything in-house. In this case, the general contractor may find someone who can fill trade gaps – this extra worker is a subcontractor.
Subcontractor agreements are common when masonry, electrical, or plumbing work is involved in a project.
Note that entering into a contract to improve property typically makes someone a contractor, not a subcontractor. If a general contractor, not a property owner, hires you, you are a subcontractor. Also, remember that subcontractors can work for more than one contractor at a time as long as the subcontractor agreement does not prohibit it.
How long does a contractor have to pay a subcontractor in Oklahoma?
Per Oklahoma Stat. § 15-820(A)(4), if a subcontractor performs per the provisions of the subcontract, the prime contractor must pay the subcontractor within ten calendar days after the prime contractor receives payment from the owner for the work performed, or as otherwise agreed by the parties.