*If the independent subcontractor already has a subcontractor in mind, they can skip this step. IRS Form W-9 – Must be completed by subcontractors to prove that the natural or legal person can work by presenting their name and Social Security Number (SSN) or Employer Identification Number (UN). The subcontractor is responsible for paying its own public and federal withholdings at source. Before, at the time or after the signing of the contract, the subcontractor may have the right to consult the framework contract between the independent contractor and the customer (the customer is the party that has engaged the independent contractor). This should confirm that at the end of the project, the independent contractor has the means of payment. This contract must be a precise report on the agreement concluded between the contractor and the subcontractor. If they need to go through a „mediation“ procedure instead, activate the third control box and indicate whether they need to enter „binding arbitration“ or „dispute“ to settle the case. Well, in the fourteenth article („FOURTEENth termination“), we must give some details about the end of this agreement. If this contract is to be terminated after the conclusion of the documented conditions and neither the contractor nor the subcontractor can terminate the contract earlier, activate the „No termination rights“ box.
If only the contractor has the possibility to terminate this contract prematurely, activate the control box that is affixed to the word „Only contractor has the possibility to terminate“. Make sure that you indicate the number of working days that the contractor before the official termination as a notice in the blank line according to the terms „. With at least. „Also make sure you have the percentage.“