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Video instructions and help with filling out and completing Residential subcontractor agreement
Welcome everyone the purpose of today's seminar is to give you an understanding to the residential building contract and the sections that underlie and and are behind this contract joining us today are two of my colleagues John Duncalf and Paul Kearney both are builders both our longtime industry participants both have a great underpinning knowledge to what's how the contract should be used and what's in behind it and how the contract can be used as a successful tool in your building business it is my hope that you will leave here with a greater understanding and a greater confidence that this is an easy tool to use it is a powerful tool to use and it will add value to your business throughout your working career as a principal contractor to lead off today's discussion I'd like to introduce my good friend Paul King thanks Damon welcome everybody okay guys we're here to talk about contracts that I just to get a feel for me I just like to see a show of hands of those of you who currently have a BSA contractor's license being a carpenter license or a bricklayer license or even the restricted builders license yep okay now tell me those of you that currently have a contract in place either with your builder or an owner if you work for an owner come on be honest oh okay not the greatest but not too bad all right the fact that so many of you put up your hands to say that you have a contractor's license is good but guys you've already been here you've already done this you've been through your business management course you know that you've got to have contracts by law and you're gonna hear me say that a lot today but all is the law why don't you have contracts in place particularly with the with your builders now I've got a fair idea why if you're working for it look if you if you're working for a builder and you're working on wages and you're an employee and the definition of that is fairly clear he's going to pay you wages holiday pay and you'll leave loading all that sort of stuff if you get that then you are an employee if you don't get that and you're working for a builder as a contractor and all he does is pay you you are a subcontractor and the law says and you know it because you've done the business manage because that you have got to have a contract in place okay why do I think you don't well it's fairly simple you just don't want to rock the boat and I've been there I'm a builder Damian's ability John's a builder we've all been we know what what you guys are going through reason why we're here today is because you guys are going to turn into though one of those builders one day if.