Third Party Subcontractor requirements to work with MMI
SUB-CONTRACTOR ELIGIBILITY
- All Subcontractors must be incorporated and have a EIN number for their corporation – personal Social security numbers cannot be used
- MMI will work with three types of corps:
- S-corp.
- C-Corp.
- LLC Corp. (that has filed the corporate election only)
- Sub-Contractor Documents as stated under Section A (below) are required in full. (NO EXECEPTIONS)
- Insurance requirements as stated in Section B are required.
- Payments to all Third Party Subcontractors are made on a Net 60 day basis and invoices must be presented on corporate letterhead.
SECTION A: SUB-CONTRACTOR REQUIREMENTS
- Signed copy of the MMI sub-contractor agreement. Read the agreement before you accept the client interview
- Must provide Federal EIN# on completed W9 (International corps must register with IRS and obtain an EIN # and file a W8 form)
- Must provide Copy of Articles of Incorporation.
- Must provide Certificate of Insurance.
- Must provide Copy of your most recent Federal 941 payroll tax return or a copy of specific consultant’s W2 issued by subcontractor.
- LLC’s must provide a copy of form 8832 (Corporate Election form)
- Copy of I9 Form along with supporting document indicating Worker’s Legal Status (here is a copy of document or combinations that are acceptable – US Passport, Permanent Resident Card, Driving License, Social Security Number, International Passport, Visa approval, H1B Approval, EAD, etc.)
- Must provide Copy of the approval document from Federal E-verify Program denoting consultant name and Subcontractor as employer.
SECTION B: INSURANCE REQUIREMENTS:
- Before providing services, Subcontractor will obtain for itself and its personnel at its own expense General Liability Insurance in the amount of no less than $250,000 and Statutory Workers Compensation Insurance.
- Additional insurance required for Credit Suisse Assignments
- Must provide copy of Certificate of Insurance naming Mitchell Martin Inc as an additional insured.
SECTION C: RESOURCES:
- To obtain information on purchasing corporate Insurance – contact:
TechInsurance
800-668-7020
Intercity Insurance Agency
718-279-7700
- To obtain information regarding the Federal E-verify program Visit this link
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DATA NEEDED FOR SUBCONTRACTOR AGREEMENT |
| Type of Corporation Owned (C-Corp, S-Corp, LLC): |
| Subcontracting Firm’s Name: |
| Subcontracting Firm’s Address: |
| Subcontracting Firm’s Federal Tax ID#: |
| Subcontracting Firm’s Authorized Signatory’s Title: |
| Subcontracting Firm’s Email Address: |
| Subcontracting Firm’s Phone Number: |
| Candidate Legal Name: |
| Candidate Email and Phone number: |
| Candidate Full Address: |
Click here to review the Master Contract
