I try not to work for GC's that are shakey enough to require a deposit. I agree with electure, if you don't have enough operating capital to make it to the first draw, you shouldn't bid the job.
On large project the GC should have a payment bond that will pay if it doesn't. If they don't have a payment bond, you might not want the job.
[This message has been edited by Electric Eagle (edited 08-10-2003).]
