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New Prime Inc. v. Oliveira, 586 U.S. ___ (2019), was a United States Supreme Court case dealing with the classification of employees hired as contractors in relation to exceptions to arbitration set forth in the Federal Arbitration Act (FAA). The Court ruled unanimously that the exceptions set forth in the FAA, principally for those involved in ...
The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...
The Nadcap program is administered by the Performance Review Institute (PRI). Nadcap was established in 1990 by SAE International.Nadcap's membership consists of "prime contractors" who coordinate with aerospace accredited suppliers to develop industry-wide audit criteria for special processes and products.
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
Prime contractor may refer to: Prime contractor (US Government) , a specific term in the US law for contractors that work directly with the US government Prime contractor, a synonym of general contractor that works directly with an end customer [ citation needed ]
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An Independent contractor is a type of worker. Independent contractor may also refer to: Independent contracting in the United States; Independent Contractors Australia; Misclassification of employees as independent contractors
A general contractor, prime contractor or main contractor may hire subcontractors to perform specific tasks as part of an overall project to reduce costs or to mitigate project risks. In employing subcontractors, the general contractor hopes to receive the same or better service than the general contractor could have provided by itself, at ...