How Construction in Singapore Works
If you're business operates in the construction industry and or pay subcontractors to put construction work then it probably means to be registered within the construction industry scheme.
The construction industry scheme sets down the rules handling payments for the construction workers made by contractors to subcontractors. The rules set out which businesses or contractors or subcontractors. You're a contractor if your business uses subcontractors for construction work especially in Singapore. If you spend on average over one million Singaporean dollars annually over a three year period then you are considered a contractor. You are a subcontractor if you agree to do construction work for a contractor. It applies to everyone including sole traders, even if you get others to do the work for you. There are construction companies in Singapore that can work as a contractor and a subcontractor at the same time. In which case, they also follow the rules as both a contractor and a subcontractor. They ensure construction safety for all workers. These construction singapore contractors are liable for any accidents caused during the period of construction of a building.
Contractors must register to the construction industry scheme. It is compulsory. Subcontractors are advised to register to the construction industry scheme or if they don't there will be deductions on a higher rate taken on their payments. Registration as a contractor is simple to do. They can do this either through an online registration or via the telephone. To register as a singapore construction productivity subcontractor, there are three options. You can use the helpline for the newly self-employed, you can ring the construction industry scheme contact center, or you can complete a paper application form and send it to CIS. When you register either as a contractor or subcontractor you will need to provide some employment details. After registration, before hiring for a subcontractor make sure that you check if they are registered with CIS. When the construction process of the project starts pay the subcontractors according to the rules, gross or net of CIS deductions. Submit monthly returns to the department.
Before construction projects start hire an architect, an engineer and a builder project coordinator. Any building projects need a team of hundreds of people. Get a senior project manager who will lead different teams in building the future skyscraper for example. The leader will map the whole process from start to finish. The design manager will work with the architect and the engineer to create a masterpiece. The design manager will give the plans to a quantity surveyor, who will figure out how much the cost is. The surveyor will share this to the scheduler who will make set things for everyone. The contractor will get all the trucks, the workers, the painters, the plumbers, electricians, et cetera. Then the construction starts. To read more on the importance of getting the best construction contractors, check out http://www.thefreedictionary.com/construction.
It is pretty easy but very challenging.