Quote:
Originally Posted by svandamme
eeh, how can you give 20 K to a contractor up front, unless it came with a clear contract that tells him what he has to deliver for that 20 K?
sorry , but i'm confused about that
for something as simple as a concrete slab ,
i would want a fixed price , pay 1/3rd up front, 1/3rd when they start, 1/3rd upon completion
any screwups or cost over-run, he can eat it
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This is also pretty standard practice. I was wondering about that one myself.
If it were me, I'd have also built retainments into the payment schedule, but I just don't trust people.
