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Subcontract

oboloo Glossary

Subcontract

Subcontract

A subcontract is a type of contract between two organizations in which one organization hires another organization to perform part or all of a specific task. In some cases, a company may hire an individual contractor to work on a specific project; in other cases, an organization may hire another organization to provide services or products. Subcontracts are often used in construction and manufacturing.

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