Contract/deposit For Work

 
Thread Tools Search this Thread Display Modes
Old 10-19-2009, 10:46 PM   #1
Pro
 
blastoffinc's Avatar
 
Trade: Sodablasting/ Sandblasting
Join Date: Feb 2009
Location: WNY
Posts: 145

Contract/deposit For Work


We are doing our first job for a GC next week. What I am wondering is when you agree to do work for someone what % do you ask for a deposit? Does anyone have a copy of a contract that you would have the GC/customer sign? I haven't had to use any contracts yet. Thanks in advance.


Last edited by blastoffinc; 10-21-2009 at 08:27 PM.
blastoffinc is offline  
Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

Old 10-19-2009, 10:51 PM   #2
Todd
 
blastserv's Avatar
 
Trade: media blasting
Join Date: Mar 2008
Location: Clearwater Fl.
Posts: 448

Re: Contract/deposit For Work


how big of a job is it?i would ask for 50% down...but without knowing all the details and how you feel about the company you are working for...i like the comfort of having some cash in hand...this is a niche business...dont let them treat you like you are easily replaced...chances are you are not
__________________
www.blastserv.com
blastserv is offline  
Old 10-20-2009, 08:57 AM   #3
Pro
 
blastoffinc's Avatar
 
Trade: Sodablasting/ Sandblasting
Join Date: Feb 2009
Location: WNY
Posts: 145

Re: Contract/deposit For Work


Oops sorry about that. It is fire/smoke removal job on a cinder block garage, about $1,200. This is for a GC that has been around for over 30 years but I don't know much about them.
blastoffinc is offline  
Old 10-20-2009, 09:36 AM   #4
Member
 
TheCleaningDoc's Avatar
 
Trade: Websites SEO
Join Date: Oct 2009
Location: Helena, MT
Posts: 37

Re: Contract/deposit For Work


I have no idea what your costs are but for $1200 I would just do the job. Keep a short leash on the payment time. If they want to play with money to squeeze that last little bit of interest out of it, then they can go to a bank and borrow it.
__________________
Pat Motz
406-465-9334

TheCleaningDoc is offline  
Old 10-20-2009, 10:05 AM   #5
Master Blaster!
 
BLASTPRO's Avatar
 
Trade: Sandblasting and Coatings
Join Date: Jan 2009
Location: Mandan N.D.
Posts: 188

Re: Contract/deposit For Work


1,200 is an amount I would let float 30 days. I entice my customers with larger payments 30k plus to pay a third down with a net 10 2% discount on the remaining amount. It really depends on who I am working for and the out of pocket overhead to get the job done. He might think your a little cheaky if you get on him about half down on a 1,200 dollar job. Out of state contractors are another deal all together. I took a job from D&W masonry out of Wisconsin and they stiffed me big time. Said I didn't complete the job and weren't going to pay me. We were washing a building and they found out that someone else was liable for the clean up so they had us stop where we were. I usually get half down when dealing with something iffy like this case and now im never going to proceed with any job from an out of stater without some money down. I had a rental cost along with chemical and 4 hrs labor on 3 guys. They wanted us in there rush rush and we agreed but didn't have a contract in place. Now all I can do is call the guy and get pissy over the phone which really doesn't do much. Beware of D&W masonry they have a track record of not paying subs, wow I really went off on that didnt' I. Good luck.
BLASTPRO is offline  
Old 10-20-2009, 10:03 PM   #6
Glen
 
Betterblast's Avatar
 
Trade: Media blasting
Join Date: Aug 2009
Location: south east pa
Posts: 1,069
Send a message via Yahoo to Betterblast

Re: Contract/deposit For Work


Blast pro. It may not help much if you call him. But what if we all called him. Every day. Hmmmm
__________________
When it has to be clean, Betterblast it!
glenmarcinc@yahoo.com
P-610-323-8084
http://betterblast.com/
Betterblast is offline  
Old 10-20-2009, 10:13 PM   #7
Pro
 
user20594's Avatar
 
Join Date: Jan 2008
Posts: 574

Re: Contract/deposit For Work


Every job 50% up front. That will cover the lift and paint. That is how contracting works.
user20594 is offline  
Old 10-21-2009, 04:40 PM   #8
Master Blaster!
 
BLASTPRO's Avatar
 
Trade: Sandblasting and Coatings
Join Date: Jan 2009
Location: Mandan N.D.
Posts: 188

Re: Contract/deposit For Work


Its fine if he doesn't answer his phone, this work is busy when your the one holding the phone and hose at the same time. No problem just catch up some other time.
BLASTPRO is offline  
Old 10-21-2009, 08:28 PM   #9
Pro
 
blastoffinc's Avatar
 
Trade: Sodablasting/ Sandblasting
Join Date: Feb 2009
Location: WNY
Posts: 145

Re: Contract/deposit For Work


Does anybody have a contract I could look at? I'm not quite sure were to start in writing one and do not want to leave anything out.
blastoffinc is offline  
Old 10-22-2009, 08:07 AM   #10
Todd
 
blastserv's Avatar
 
Trade: media blasting
Join Date: Mar 2008
Location: Clearwater Fl.
Posts: 448

Re: Contract/deposit For Work


just use your proposal and ad a signature of acceptance and explain the details of how much you want and when...your computer has a program i am sure that will allow you to draft it up.
__________________
www.blastserv.com
blastserv is offline  
Old 10-22-2009, 04:41 PM   #11
Rick
 
rlaird's Avatar
 
Trade: Fire Restoration, Sandblast, Sodablast
Join Date: Jul 2007
Location: Louisiana
Posts: 85

Re: Contract/deposit For Work


http://www.alllaw.com/forms/Construction/bid_-/

Try that out just copy to a word doc and make it your own.


rlaird is offline  
Old 10-22-2009, 04:52 PM   #12
Pro
 
blastoffinc's Avatar
 
Trade: Sodablasting/ Sandblasting
Join Date: Feb 2009
Location: WNY
Posts: 145

Re: Contract/deposit For Work


Great thanks!
blastoffinc is offline  
Old 10-22-2009, 09:54 PM   #13
Pro
 
user20594's Avatar
 
Join Date: Jan 2008
Posts: 574

Re: Contract/deposit For Work


Half up front it has always worked that way as far as I know. On jobs that last over two weeks you get progress payments. I have to pay my employees. The work we are contracted for has been bugeted for. Get the money you need to operate. For private or industrail, public works you have to buy bonds

Last edited by user20594; 10-22-2009 at 09:57 PM.
user20594 is offline  


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Join Now... It's Fast and FREE!

Privacy Badge
I am a professional contractor
I am a DIY Homeowner
ContractorTalk.com is for
PROFESSIONAL CONTRACTORS ONLY!

At ContractorTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?