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Subcontract:
It is a process of hiring a sub contractor or outsourcing a specialised work for
instance H.V.A.C, Roofing, tiling, Concreting.
In construction industry majority of work being done by subcontractor because
they have experience and skill to complete the work efficiently and effectively.
Material contract:
A Material contract is an agreement with special terms and conditions between owner
and contractor in which there is a promise to perform some work wherein all materials
required for the project are supplied by the contractor. The contractor is also
responsible for providing adequate skilled labours for completing the scope of work
including tools, plants, equipment, shuttering, scaffolding etc.
Purchase order