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What is 'Subcontracting'. Subcontracting is the practice of assigning part of the obligations and tasks under a contract to another party known as a subcontractor. Subcontracting is especially prevalent in areas where complex projects are the norm, such as construction and information technology.
SECTION 4. TIME. Time is of the essence of this Agreement. Subcontractor shall provide Contractor. with scheduling information in a form acceptable to Contractor and shall conform to Contractorâs progress. schedules, including any changes made by Contractor in the scheduling of work. Subcontractor shall coordinate.