Free Simple Construction Payment Schedule Template
Simple Construction Payment Schedule
Prepared by: [Your Name]
Date: 2050-12-11
This Payment Schedule outlines the payment targets and their corresponding deadlines for the construction project executed by [Your Company Name].
Milestone |
Description |
Payment Due (%) |
Due Date |
---|---|---|---|
1 |
Initial Deposit |
10% |
Contract Signing |
2 |
Foundation Completion |
20% |
30 Days After Start |
3 |
Framing Completion |
20% |
60 Days After Start |
4 |
Roofing and Windows |
20% |
90 Days After Start |
5 |
Plumbing and Electrical |
15% |
120 Days After Start |
6 |
Interior Finishes |
10% |
150 Days After Start |
7 |
Final Inspection and Approval |
5% |
180 Days After Start |
Notes
-
Payments are due upon invoice receipt; late payments may delay the project.
-
Ensure timely payments to keep the construction project on track.