i had a guy wanting to remodel a 100 year old building into a restaurant that had a new 400a service but little else that was usuable. I bid $19,999.00 on the job. NO PLANS OR DRAWINGS.
I told the guy who was trying to act as his own gc that i need at LEAST 40% deposit when he signed the agreement to mobilize..he said he wouldn't pay until two weeks work had been done.
we parted company very quickly..
i have found that any client who doesnt want to commit in the form of a payemnt is better left alone..A PAYMENT SCHEDULE MUST BE LAID OUT! %40 to MOBILIZE then 30% on rough -in and 30% on final and customer satisfaction..PERIOD!
if i am working for gc with a signed contract i will forgo my company policy of NO WORK WITHOUT A DEPOSIT
-regards
mustang
[This message has been edited by mustangelectric (edited 09-19-2004).]
