After you enter into an agreement with an independent contractor, what can you do if they're not able to finish everything on time? Or maybe you are the contractor – what can you do if you have to outsource the work?
You can use an Agreement Assignment to transfer the work in the original contract to another party. This is done, hoping your business partner will be satisfied and you don't have to breach an agreement.
If you sign a contractual agreement with a person or company and can't fulfill the obligations and duties contained within, you can assign the contract in whole or in part to another party. Sometimes it makes more sense for you to outsource the work or have someone else do the job.
In that event, you would use an Agreement Assignment to do that, wherein you are the assignor, and the other party is the assignee. The only caveat, which should be evident to all, is that the assignment must not harm the contract's original party.
Before that, you have to make sure the original agreement allows for subsequent reassignments. If not, you will have to get permission from the other party. In any event, you are still on the hook to deliver after the assignment. You will always be liable unless you can pass it on to the assignee, all of which you can negotiate in the contract.
Depending on your state, an Agreement Assignment may also be known as:
Not every party assigning work to another party will need an Agreement Assignment. However, if you have an agreement in place and you have to get out of it, you should use an Agreement Assignment. As mentioned, you can also use an Agreement Assignment to outsource the work if you are the independent contractor or to find another contractor to do the job if you are the hirer.
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Before signing the Agreement Assignment, review it to make sure it is to your satisfaction. After that, both the assignor and assignee sign the document, but not the third party from the original contract.
After signing the Agreement Assignment, both parties should receive a copy for safekeeping. Notarization is not required, nor do you need anyone to witness the signing of the signatures.
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