A holistic solution for subcontractor qualification
Abstract
For a general contractor, reputation is the deciding factor for customers considering them for a project. Having a sour history of working with subpar trade partners can tarnish a reputation. To avoid working with a poor subcontractor, a GC must verify the trade partner. This includes researching, prospecting and vetting subcontractors before hiring the right fit. The procedure, known as trade partner prequalification, is extremely valuable. Itβs also inherently risky.
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