You must have them sign before you turn a screw.I was wondering if other electrical contractors submit an invoice right away before doing any work? For materials, labor and other expenses that will occur within a couple weeks. That way your not waiting until the following month to submit that invoice and waiting another month to collect on it.
Also does anyone require any type of deposit? I'm doing retail/restaurant work
Thanks
I have no set of rules.
Some GCs are billed at certain intervals of the project (rough-in, finish, service, etc.) Some are billed on a weekly or monthly basis.
I just work with 'em and ask how they handle billing their customers.
Sadly, that particular trait often reveals itself, only after the contract has been signed.I have never asked for money ahead of time but I am very careful who I work for-- if the builder has questionable integrity then I wont work for them.
Depending on size of job. We invoice for mobilization up front. The. Progress billing each month depending on schedule of values. Always front load your mobilization. It will give you extra working capital until your next billing cycle.AaronJ said:I was wondering if other electrical contractors submit an invoice right away before doing any work? For materials, labor and other expenses that will occur within a couple weeks. That way your not waiting until the following month to submit that invoice and waiting another month to collect on it.
Also does anyone require any type of deposit? I'm doing retail/restaurant work
Thanks