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subcontractor |
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subcontractor [¦səb′kän‚trak·tər] (engineering) A manufacturer or organization that receives a contract from a prime contractor for a portion of the work on a project. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Prominent real estate development executive John Archibald was sentenced Wednesday to five years' probation and ordered to pay nearly $200,000 in fines and restitution for taking a bribe from a subcontractor and filing a false tax return. Owners have traditionally relied upon performance and payment bonds as ways to protect against the risk of contractor and subcontractor default. It all began with the introduction of the subcontractor exception to the "your work" exclusion. |
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