Subcontracting

Subcontracting

It is the agreement executed between a company (purchaser) and another smaller company (sub-supplier), with which the latter undertakes to perform on behalf of the purchaser work on semi-finished products or raw materials supplied by the same, or undertakes to supply products or services intended to be incorporated or used in the context of the purchaser's economic activity or in the manufacturing of a complex asset, in compliance with executive projects, technical and technological know-how, models or prototypes supplied by the purchaser.


Contracts