Landscape Installation Deposit Percentage??

Discussion in 'Landscape Architecture and Design' started by Slcareco, Jan 22, 2011.

  1. Slcareco

    Slcareco LawnSite Senior Member
    Messages: 682

    Hey I was wondering what the range of deposit percentage of the total cost of a job is?? 25-50%

    I have a job for 87,000 so I want to know whats reasonable and dont say just what covers cost.... I need a % thats the normal.... thanks..
  2. tadpole

    tadpole LawnSite Bronze Member
    Messages: 1,221

    On residential contracts, I get 50% deposit; for commercial -- 33%. Some states have a set limit on deposit percentages.
  3. Slcareco

    Slcareco LawnSite Senior Member
    Messages: 682

    thats what I figured, thanks for the quick response
  4. Lefet

    Lefet LawnSite Bronze Member
    Messages: 1,887

    We get 50% down, 50 on completion, (residential). But then I've never had a 87,000 job, so congratulations.
  5. AGLA

    AGLA LawnSite Bronze Member
    Messages: 1,776

    Check your state laws. Some do not allow a 50% deposit.
  6. Lyon Landscaping

    Lyon Landscaping LawnSite Member
    Messages: 28

    CA is 10% of the job or $1,000 - whichever is less for the down payment. That is the law. Once the job starts then it is fair game to get more based on a pay schedule agreed upon or however else you have it in the contract.
  7. White Gardens

    White Gardens LawnSite Fanatic
    Messages: 6,776

    At 85K, I would request a 25% deposit and then take a weekly payments until the project is completed.

    How long do you expect it to take. At 85k, average sized business, I would assume (stress the word assume) that it will take at least 4 weeks.
  8. FLCthes4:11-12

    FLCthes4:11-12 LawnSite Senior Member
    Messages: 283

    Yeah for me I would want 33% up front and that shoud get you going then make draws based on completed work after that.
  9. AI Inc

    AI Inc LawnSite Fanatic
    Messages: 26,816

    You need to have a signed payment scedule, stating that no work will resume untill payments have been made.
  10. land_scaper70

    land_scaper70 LawnSite Member
    Messages: 107

    I would like to see what a $87,000 job looks like, unless it is just mulch around a shopping mall? Anyhow, 1/3 the total cost sound about right.

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