Job deposit %

Discussion in 'Irrigation' started by greenmonster304, Sep 18, 2012.

  1. DEPENDABLE LANDSCAPING

    DEPENDABLE LANDSCAPING LawnSite Bronze Member
    Posts: 1,343

    I go for estimated materials cost, with balance due after completion.
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  2. DanaMac

    DanaMac LawnSite Fanatic
    Posts: 13,156

    I get 1/3-1/2 down before I will even schedule the job.
     
  3. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    That is un-American! :laugh:

    I only ask for a deposit if the job is over 5K.
    Then it is 1/2
     
  4. greenmonster304

    greenmonster304 LawnSite Gold Member
    Posts: 3,163

    I tried for this on a large project where the material cost was 2/3 of the job. They wouldn't do it so we settled on half which is what I normally do but this is not a normal job for me.
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  5. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    There you go!. Do not let your actual material cost exceed 50% :laugh:
     
  6. SoCalLandscapeMgmt

    SoCalLandscapeMgmt LawnSite Bronze Member
    Posts: 1,860

    In CA it's no more than 10% of the contract price or $1,000, whichever is less. And they have a three day right to cancel.
     
  7. greenmonster304

    greenmonster304 LawnSite Gold Member
    Posts: 3,163

    So in CA if you are doing a $500,000.00 landscape project they only have to give you $1000.00 deposit?
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  8. SoCalLandscapeMgmt

    SoCalLandscapeMgmt LawnSite Bronze Member
    Posts: 1,860

    Yep! We're a wonderfully effed up state! Now that doesn't mean that we can't have a payment schedule spelled out in the contract but no large deposits. There are also pretty tight restrictions on the payment schedule as well. This is why I don't do residential install anymore.
     
  9. Mdirrigation

    Mdirrigation LawnSite Silver Member
    Posts: 2,774

    30% down on a residential , and 50% down on commercial . No deposit no contract .
     
  10. fireman1173005

    fireman1173005 LawnSite Member
    Posts: 111

    50% due upfront to cover cost of materials and to cover my rear if they don't pay in the end and the rest when job is finished.
     

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