Questions tagged subcontractor

Subcontractor: 3 questions across all categories.

3 questions

4 votes2 answers0 views

QuestionFirm fixed price vs cost plus vs time and materials: which contract type is safest for a small sub?

My company mostly does janitorial and facilities work for county and school district contracts. We get a mix of firm-fixed-price and...

pricing far labor-rates

Marcus T.Verified vendorasked 4h ago

4 votes2 answers0 views

AnsweredWhat is an IDIQ contract, and can a company that is not a holder still get any of the work?

Yes, your company can get work on these task orders as a subcontractor to an IDIQ holder. An Indefinite Delivery, Indefinite Quantity (IDIQ) contract...

idiq task-order subcontracting

Tom B.asked 4h ago

4 votes2 answers1 views

QuestionWhat is a performance bond, and what does the surety look at before writing one?

A performance bond guarantees to the owner that the contractor will complete the project according to the contract terms and conditions. The school...

performance-bond payment-bond construction

Jo R.asked 4h ago