Asked by Jalon Williams on May 09, 2024

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Subcontracts are a special class of the make or buy,used exclusively in construction procurement.

Subcontracts

Contracts awarded by a primary contractor to a third party for completing part of the work required in a main contract.

Construction Procurement

The process of acquiring labor, materials, equipment, and services necessary for the construction of a new building or infrastructure.

Make or Buy

A decision-making process involving an analysis on whether to produce a product in-house or to purchase it from an external supplier.

  • Comprehend the consequences of employing subcontractors within purchasing procedures.
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JN
Janette NicoleMay 11, 2024
Final Answer :
False
Explanation :
Subcontracts are used in various industries beyond construction, including manufacturing, technology, and services, as a way to delegate specific tasks or components of a project to third-party specialists.