Thread: 1/3 deposit?
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Old 03-09-2005, 02:17 AM
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P-Train P-Train is offline
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Join Date: Jun 2004
USDA
Posts: 215
P-Train is an unknown quantity at this point
For jobs less than $5,000 I ask for 50% at signing. (For the most part).

Other than that, 1/3 at signing, 1/3 “in the middle” or when materials and labor justify me to ask the owner for another deposit (with their knowledge of this beforehand) and the final 1/3 due at completion with a invoice.

Here’s a good paragraph in my contract that may help out in getting money owed to you when things beyond your control happen.

“Upon completion of work, but excluding work uncompleted but beyond control of landscape contractor (plant availability, building contractor delays, weather, etc.), we will require total amount due less a percent for the work yet to be completed.”
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