Subcontractor Statement: When do you need to accomplish one?
By Contracts Specialist|October 19, 2022
Purpose of the Subcontractor Statement
The subcontract statement is a contract between a principal contractor (usually a builder) and subcontractor. This is done to comply with three laws, which are the Workers Compensation Act 1987, Payroll Tax Act 2007, and the Industrial Relations Act 1996.
The subcontractor statement gives you power as a subcontractor to have the right to:
The information you provide to your contractor is an incredibly important part of any project.
The Subcontractor Agreement form is available on the New South Wales (NSW) government website.
Since the statements that you would need to agree to in the form would depend on the contract with your principal contractor, just tick the statements that apply and fill out the necessary information needed in the form.
If you are still confused or you still need help on how to uphold your legal and contractual right as a subcontractor to be paid under the Security of Payment Act, you may refer to the notes included in the form or call our construction lawyers for more expert legal advice on the matter.
With Contracts Specialist, you can be confident that your legal needs are being met by an experienced Sydney-based construction law firm. Whether it's debt recovery or securing payment on a contract dispute; they have the knowledge and expertise necessary to help you.
The subcontract statement is a contract between a principal contractor (usually a builder) and subcontractor. This is done to comply with three laws, which are the Workers Compensation Act 1987, Payroll Tax Act 2007, and the Industrial Relations Act 1996.
The subcontractor statement gives you power as a subcontractor to have the right to:
- Work on the principal contractor’s construction project;
- Be rightfully compensated for working on said project and;
- Take full responsibility in case of non-compliance to the law;
The information you provide to your contractor is an incredibly important part of any project.
The Subcontractor Agreement form is available on the New South Wales (NSW) government website.
Since the statements that you would need to agree to in the form would depend on the contract with your principal contractor, just tick the statements that apply and fill out the necessary information needed in the form.
If you are still confused or you still need help on how to uphold your legal and contractual right as a subcontractor to be paid under the Security of Payment Act, you may refer to the notes included in the form or call our construction lawyers for more expert legal advice on the matter.
With Contracts Specialist, you can be confident that your legal needs are being met by an experienced Sydney-based construction law firm. Whether it's debt recovery or securing payment on a contract dispute; they have the knowledge and expertise necessary to help you.
