Payment Terms
These contract statements below are not always used and generally are modified to fit the particular project scope, scale, size and agreed upon terms.
Payment terms can vary depending on the size and scope of your project. However, typically, it will follow the following guidelines:
Change orders (items not on original contract) are due upon agreement. Change orders will then be implemented
At time of contract signing, a 5% deposit is due. This confirms our agreement and allows us to schedule and block out time for your project
1st day (week) of work, 1/3 payment (Investment) is due
Followed by 2 more “progress payments” as your project approaches completion
Final payment is due upon substantial completion and “use of space”
