A North Dakota subcontractor agreement is a form that assigns a portion of a contractor’s work obligations to another party, known as the “subcontractor,” and details the relationship between the two (2) individuals. It breaks down critical aspects of the work assignment to prevent misunderstandings and provide legal protection in the event of a lawsuit. The agreement explains the subcontractor’s responsibilities, the conditions of payment, the contract length, insurance and licensing requirements, and procedures for termination.
Another detail that must be understood is how the parties intend to resolve disputes. This agreement can be constructed to allow resolution through binding arbitration, non-binding arbitration, or mediation.