Pros and Cons in Subletting, Designation, Assignment, Nomination and Novation in Construction Contracts Sub letting reduces dependency on directly employed labour. It results non-wage cost of employment such as redundancy payment and offsets the risk associated with the responsibility by transferring them. Sub letting is necessary when to employ specialists of proven reliability and repute to face technical complexity involved in a project. There are two distinctly different modes of sub letting that everyone is known to; domestic and nominated. The domestic subcontract is a direct contract between a sub-contractor and the... Read full post here
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