Primary Subcontractor definition
Examples of Primary Subcontractor in a sentence
REQUIREMENTS FOR SUBCONTRACTING PURSUANT TO THE HACC PROGRAM ▇.▇.▇▇▇▇ Assess remains entirely responsible for Your Organisation and for all work Your Organisation performs, even if the Commonwealth has been notified of Your Organisation as a Primary Subcontractor.
Each letter of credit must (i) be in an amount equal to at least 10% of the amount of each Primary Subcontractor Contract with the Contractor, (ii) be capable of being drawn upon by Lender, acting unilaterally, and (iii) be reasonably satisfactory in form and content to Lender.
A list of all Primary Subcontractors employed in connection with the Project, showing the name, address, and telephone number of each Primary Subcontractor, a general description of the nature of the work to be done, the labor and materials to be supplied, and the approximate dollar value of the labor, work, or materials with respect to each Primary Subcontractor.
Such Primary Subcontractor Contracts are anticipated to cover the following items: (i) site work and utilities, (ii) concrete, (iii) framing (material and labor), (iv) finish carpentry, (v) exterior trim, (vi) drywall, (vii) painting, (viii) cabinet and tops, and (ix) mechanical, electrical and plumbing.
A performance bond and a payment bond or letter of credit for each Primary Subcontractor Contract (excluding material only Primary Subcontractor Contracts).
Each bond must (i) be in an amount equal to at least 100% of the amount of each Primary Subcontractor Contract with the Contractor, (ii) contain a dual obligee rider naming Lender as an additional obligee and such other riders and supplements as Lender may reasonably require, (iii) name the Primary Subcontractor as principal, (iv) be issued by a surety company satisfactory to Lender, and (v) be reasonably satisfactory in form and content to Lender.
Notwithstanding the provisions set forth above, a letter of credit shall be permitted in lieu of a bond only if the amount of the Primary Subcontractor Contract is not more than $750,000.
Upon the Effective Date, KeyWorks shall ensure that each Member and each Primary Subcontractor shall irrevocably assign to ▇▇▇▇▇▇▇ his right, title and interest in and to the Existing IP pursuant to an assignment agreement in form and substance mutually satisfactory to ▇▇▇▇▇▇▇ and KeyWorks, which shall be no less favorable to ▇▇▇▇▇▇▇ than the terms of the assignments to ▇▇▇▇▇▇▇ by KeyWorks pursuant to this Agreement.
Primary Subcontractor shall complete an intensive surface survey of the APE to identify cultural resources and to report on existing site conditions.
Primary Subcontractor will consider the use of arch culverts with headwalls as an alternative to an open channel breach with a bridge, as appropriate for each crossing location.