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Video instructions and help with filling out and completing Simple subcontractor agreement template word
Instructions and Help about Simple subcontractor agreement template word
Here we are again this time we're gonna walk you through how you can add subcontractors to your estimating catalogue your subcontractor catalog becomes your standard list of cost and prices for the subcontractors that you use this will help you cost a price your sons accurately but it will also make sure that you're recovering enough overhead and profit on their work subcontractors should be easy to manage in fact they're paid to manage themselves that's why so many contractors put a very small markup on their subs just remember that if you're accepting money from your customer and you're paying your subcontractor you're also accepting the risk who's going to get the phone call if they're playing music too loud or what if they make a mess of the neighbor's property what if they need after installation service or after our warranty issues what if one of your subcontractors workers gets hurt on your site or what if they cause damage to the customers or neighbors or city property if you have a good subcontractor they'll stand right behind you to make sure that these issues have minimal impact on your business but at the end of the day you're the only one standing in front of the customer and you're gonna have to answer to any and all of these problems for this reason and because it takes time and effort to deal with these problems you need to be getting some markup on your subcontractor costs to cover your risk and earn a profit now we'll look at entering subcontractors in our catalog if you're not on the estimating catalog screen already then start from the lmn home screen choose budgeting and estimating then estimating catalog and then you want to click on the subs catalog section you can have a subcontractor to your catalog simply by clicking the add new button this brings up the new subcontractor screen the sub name is for the name of the subcontractor here's where you might enter something like Heritage Stone company or Woody's carpentry services next the description area you don't have to enter anything here but if you want to describe this service more you can next you want to enter the units which this subcontractor is going to get priced and build it if heritage stone company gives you a square-foot cost then here you'd enter square feet maybe another subcontractor quotes you hourly then you can just enter hours here now many subcontractors are just going to give you a fixed cost for the whole job it's not really broken down by any unit for these type of subs I just enter the word each will cover how to cost them later over here you have the nearest round to seven if you need to round this subcontractors quantity up to the nearest unit then you can enter that rounding factor here the unit cost is the cost for whatever unit that you've entered.