Tennessee Draw Request by a Contractor
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How to fill out Draw Request By A Contractor?
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FAQ
Seven Things to Never Say to a ContractorNever Tell a Contractor They are the Only One Bidding on the Job.Don't Tell a Contractor Your Budget.Never Ask a Contractor for a Discount if You Pay Upfront.Don't Tell a Contractor That You Aren't in A Hurry.Do Not Let a Contractor Choose the Materials.More items...
Not just in California, but in any state, if you agree to pay a contractor everything up front, you've made a major mistake. Progress Payment Schedules: Contractors do not have to wait for the entire job to end before being paid.
The exact deposit amount contractors ask for upfront varies and is especially dependent on the size of the project. For relatively small jobs, like a $15,000 bathroom remodel, contractors may ask for a 50% deposit. For large jobs, like a $100,000 full-home renovation, a 10%20% deposit is more typical.
Asking for more than half of the project cost up front, though, is a big red flag. A reputable and established contractor should have the wherewithal to purchase enough materials to get the job started without relying on your down payment. I recommend tying payments to progress made during the job.
"You should remember the Tennessee's Home Improvement law prohibits contractors from asking for a down payment of more than 1/3 of the total contract. So if someone is pressuring you to pay more than 1/3 of the cost of the contract or telling you to pay all of what the project costs, you should walk away.
To report a complaint other than online, this may be done by printing the Online Complaint Form and mailing to the address listed on the form (please allow 5 to 7 business days for state mail delivery) or you may also fax to our office at (615) 532-2868; or email to: Contractors.Home-Improvement@TN.Gov It is helpful to
"You should remember the Tennessee's Home Improvement law prohibits contractors from asking for a down payment of more than 1/3 of the total contract. So if someone is pressuring you to pay more than 1/3 of the cost of the contract or telling you to pay all of what the project costs, you should walk away.
A Tennessee contractor's license is required BEFORE bidding or offering a price, for projects $25,000 and up (includes materials and labor), as a prime (general) contractor; and also subcontractors performing electrical, mechanical, plumbing, HVAC, roofing and masonry are also required to be licensed as a contractor,
You may contact our Complaint Section Coordinator at 1-800-544-7693; or the direct line is (615) 532-3996; or by email to check the complaint history. The Better Business Bureau (BBB) serves as a resource to check and also report a complaint. We encourage consumers to report to them, as well as to our Board.
