Ok have a situation I would like some input on. First I am a General Contractor but I mainly work as a sub doing finish work. I have done some small shop/garage building in the past as a GC where I used one sub concrete flatwork and I did all the rest. I started as a framer so I have that experience but I don’t pretend to know it all.
Anyway a GC that I sub for is getting out of the bus he has a client (husband/wife) that want to build and be owner/builder. They want someone to hold their hand, make sure subs are doing what they should ect. They will make all contacts with subs ie hire them (some are ones we used before) some they have chosen. They will get all permits and pay subs. Well it started out I was fine with that for a fee and a hourly rate. Now the bank won’t do their loan unless a contractor is listed on the loan ( that would be me) I would also be on the checks to pay out the subs.
I have never had to do any of the administrative stuff before, if I had a sub I would just pay cash or write a check because the jobs were small $20,000 or less. So what I am concerned with is what liability do I have am I putting myself into any trouble down the line. We have yet to sign a contract but are at the understanding that the owners take full responsibility. No one year warranty from me except for actual work done like the finish work. My GC is a buddy and mainly letting me get my feet wet so to speak so if I choose to GC anymore in the future I will have some experience. Being on the loan also gives me a foot in the door with the bank for the future.
The owners were suppose to make it clear to the bank that they were going as owner/builder. Did they forget or what I don’t know I don’t think they are trying to pull a fast one. Both husband and wife are fulltime teachers. They are comfortable with the situation and me helping out and actually my buddy the GC getting out of the business has met with them and said if questions come up he is there also as backup.
Anyway let me know what you think don’t rip me too much. Jeff