General Contractor Payment Schedule
[YOUR COMPANY NAME] | [YOUR COMPANY ADDRESS]
The following schedule outlines the payment milestones and corresponding due dates for the general contractor engaged in the project.
Milestone | Description | Percentage of Total Payment | Due Date |
|---|
Initial Deposit | Secures the contractor's commitment to the project | 10% | Upon signing of contract |
Foundation Completion | Completed once the foundation is laid and inspected | 15% | Within 30 days of project start |
Framing Completion | Includes walls, floors, and roof structures | 20% | Within 60 days of project start |
Rough-In Completion | Completion of plumbing, electrical, and HVAC systems | 15% | Within 90 days of project start |
Exterior Completion | Siding, roofing, windows, and doors installed | 15% | Within 120 days of project start |
Interior Completion | Drywall, painting, cabinetry, and fixtures are installed | 15% | Within 150 days of project start |
Final Inspection | Completion and approval of final inspection | 10% | Within 180 days of project start |
Schedule Templates @ Template.net
