eresource Nfra

Subcontractor
Management

Subcontract
A subcontractor works with the with the main
contractor to supply or fix any materials or goods or
execute work forming part of the main contract.
Essentially this contractor is employed by the main
contractor.
Generally a company have many sub-contractors to
complete its some specific jobs, which only a subcontractor specializes in.
Subcontractor may also Supply Material Or May Only
render services or in some cases, Subcontractor
supplies Material and also renderes services. The
work order to Subcontractor is issued based on the
nature of work
To select a sub-contractor for hiring is a very
important aspects like, the cost which the subcontractor is charging, does they have efficient work
force and what time they will take to complete the
work.

Work order
The subcontracting process starts from issuing the work order to
Subcontractor. The work order can only be issued to Evaluated Sub
contractor.
The work order stores
the item for which the
sub contractor has to be
hired along with the
details of sub
contractor.
It also stores the
charges for the item,
which can be in the
form of percentage or a
lump sump amount.

Estimating subcontractor
This part of the module helps
you in estimating different sub
contractors on the basis of their
prices for the services, labour
charges and quantity.
One can easily enter the fix only,
supply and fix, lump sum pricing.

Hiring subcontractor
On the basis of estimation done
for the sub contractors, user hire
the most economical in addition
to the most efficient for the job.
The data for rest of the contactors
is saved for future reference along
with the pricing of the hired
contractor.

Subcontractor invoice
Subcontractor would furnish invoice to the Main
contractor/company based on the nature of work agreed in the
work-order.
The invoice can be either Supply Invoice, Service Invoice or
Milestone Invoice.
In anywhich case, the invoices issued by the Subcontractor, as
per the Industry Best Practice is Certified by the Main
contractor.

Subcontractors Invoice (Supply invoice/

service invoice / milestone invoice
As most of the projects in contracting companies run for a long time and
the contractor may want installments of payment after completion of
certain stages or activity.
Milestone lnvoice
segment of NFRA caters
to this need of
contractor and based on
the percent of
completion and after
deduction of the prior
bills a contractor can
generate the RA or
milestone bill.

Conclusion
One of the most hectic but of great importance work is to hire a
subcontractor but with NFRA in place this can be done without
going through any cumbersome process and with proper care
owing to the importance of the process.
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