What is the recommended breakdown of payments made for a contractor doing work requiring labor and materials? I have a contractor that is willing to have me pay everything at the end of the work. I would like to do 25% upfront, 50% half-way through and the final 25% at the end.
This is in Hancock County, Georgia.
There are no rules as to how much money should contractor take up front and during the work. It only depends from how this contractor and client agreed upon payments.
I take 1/3 upfront, 1/3 mid way through and the last at end of job.
Sometimes depends on the job, there will be material check (expected cost) up front, or we run the tab to a amount, or the client will pay for all material all the way through the job.
It depends on the size of the job and how long it will take - on a small job we will require a 25% deposit and balance upon completion on a large job a 25% deposit and we bill weekly (for repeat customers on small jobs we will bill upon completion).
Search the TrustedPros directory and discover the best contractors in your area.Find your home service pro