Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Subcontractor Agreement Payment Terms
"I need a Subcontractor Agreement Payment Terms for a large construction project in Manchester, where we'll have multiple subcontractors and require specific milestone-based payments with 5% retention and monthly payment cycles."
1. Parties: Identification and details of the contractor and subcontractor
2. Background: Context of the agreement and relationship to main contract
3. Definitions: Key terms used throughout the agreement
4. Payment Terms: Core payment provisions including amounts, timing, and method
5. Payment Notice Procedures: Requirements for payment applications and notices
6. Invoice Requirements: Specifications for valid invoices and supporting documentation
1. Milestone Payments: Used when payments are linked to specific project milestones - applicable for projects with distinct completion stages
2. Performance-Related Payments: Links payments to performance metrics - applicable when payment depends on quality or timing targets
3. Currency Provisions: Handling multiple currencies and exchange rates - applicable for international projects
1. Payment Schedule: Detailed breakdown of payment amounts and dates
2. Rate Card: Standard rates for labor, materials, and equipment
3. Application for Payment Form: Standard form for payment applications
4. VAT Requirements: Specific VAT documentation requirements
5. Bank Details: Payment account information for both parties
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.