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7 Posts
Hello, New guy here I have been a residential carpenter for almost 20 years, the past 2 I have been contracting kitchen remodels. I go in gut the existing kitchen down to studs, move and add electric, usually add a sink in the island, drywall, set cabs, appliances etc.
I have a potential client that wants to include a 10% retainage for 30 days after completion into his contract. I have only run into this issue once in my career and that was when I framed a, apartment building about 10 years ago. None of my peers that I have talked to have been willing to do this.
Is this common practice? Any thoughts about this issue?
This project would be approx 6 weeks in duration, the homeowner would live on site and my contract would not be including appliance purchase or cabinet purchase and would be between 20-25g.
I have a potential client that wants to include a 10% retainage for 30 days after completion into his contract. I have only run into this issue once in my career and that was when I framed a, apartment building about 10 years ago. None of my peers that I have talked to have been willing to do this.
Is this common practice? Any thoughts about this issue?
This project would be approx 6 weeks in duration, the homeowner would live on site and my contract would not be including appliance purchase or cabinet purchase and would be between 20-25g.