Common use of Subcontract Requirements Clause in Contracts

Subcontract Requirements. A. On all subcontracts where the bid exceeds $200,000, the Construction Manager may require Subcontractors to provide a 100% Performance Bond and a 100% Labor and Materials and Payment Bond from a surety company authorized to do business in the State of Florida by the Department of Insurance. If the Construction Manager wishes to award subcontracts to Subcontractors unable to supply this bonding, he may request special authorization to do so. Upon providing justifiable background information, such authorization shall not be withheld unreasonably. B. Workforce - The Subcontractor must agree to perform no less than 15% of the project construction work utilizing its own employees. C. Subcontractor Experience - The Subcontractor must have successfully completed no less than two projects of similar size and complexity within the last five years.

Subcontract Requirements. A. On all subcontracts where the bid exceeds $200,000, the Construction Manager may require Subcontractors to provide a 100% Performance Bond and a 100% Labor and Materials and Payment Bond from a surety company authorized to do business in the State of Florida by the Department of Insurance. If the Construction Manager wishes to award subcontracts to Subcontractors unable to supply this bonding, he may request special authorization to do so. Upon providing justifiable background information, such authorization shall not be withheld unreasonably. B. Workforce - The Subcontractor must agree to perform no less than 1550% of the project Project’s construction work utilizing its own employees, unless previously approved by the Owner. C. Subcontractor Experience - The Subcontractor must have successfully completed no less than two projects of similar size and complexity within the last five years.