How much of a deposit should you give a contractor?

Payment Schedule In Your Contract Before any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn't be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they've even stepped foot in their home.

US Legal Forms
North Carolina Site Work Contractor Package

North Carolina Site Work Contractor Package

Name: North Carolina Site Work Contractor Package
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.63 (376 reviews)

Category:

North Carolina Construction - Contractors - Site Work

State:

North Carolina

Control #:

NC-P059-PKG

Format:

Instant download

Description

This package contains essential legal documents for Site Work Contractors, Homeowners, Suppliers or Subcontractors to use to assert their legal rights or claims and to address important legal issues regarding particular project involving the clearing or otherwise preparation of residential property for construction. The heart of this package is the site work contract that complies with state law.

This package contains the following forms:

1. A Site Work Contract - Cost Plus or Fixed Fee
2. A Change Order Sheet
3. A Certificate of Completion
4. A Construction Project Information Sheet
5. A Bid Log
6. A Bid Follow Up Letter
7. A Summary of Estimate
8. A Weekly Equipment Summary and
9. A Worker Safety and Health Plan.

Purchase this package and more than 50% over purchasing the forms separately!

North Carolina Contractors Forms Package

View this form

North Carolina Subcontractors Package

View this form

Owner's and Contractor Affidavit of Completion and Payment to Subcontractors

View this form

Sample Complaint by Contractor for Amount Due

View this form

Contractor Indemnification

View this form

How to fill out North Carolina Site Work Contractor Package?

Avoid expensive attorneys and find the North Carolina Site Work Contractor Package you want at a affordable price on the US Legal Forms website. Use our simple groups function to look for and download legal and tax files. Go through their descriptions and preview them well before downloading. Moreover, US Legal Forms provides customers with step-by-step tips on how to obtain and complete every single template.

US Legal Forms customers merely need to log in and obtain the particular document they need to their My Forms tab. Those, who have not obtained a subscription yet need to stick to the guidelines listed below:

Make sure the North Carolina Site Work Contractor Package is eligible for use where you live.
If available, look through the description and use the Preview option prior to downloading the sample.
If you are sure the document fits your needs, click Buy Now.
If the form is incorrect, use the search engine to get the right one.
Next, create your account and select a subscription plan.
Pay out by card or PayPal.
Choose to obtain the document in PDF or DOCX.
Click on Download and find your form in the My Forms tab. Feel free to save the form to your device or print it out.

Right after downloading, you may fill out the North Carolina Site Work Contractor Package manually or by using an editing software program. Print it out and reuse the form multiple times. Do more for less with US Legal Forms!

Form Rating

4.63

Satisfied(376)

Form popularity

FAQ

If the contractor requests a large sum of money before work has begun, Mozen says you should ask specifically what types of work or materials those payments are covering.Contractors sometimes have other motives, other than purchasing materials, when they ask for large amounts of money in advance, Fowler says.

Site work simply put, is part of a construction project that is not part of a building or house's physical structure. This usually includes grading, excavation, construction and installation of septic tanks and filtration systems, driveways and other utilities.

You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.

Payment Schedule In Your Contract Before any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn't be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they've even stepped foot in their home.

North Carolina requires that anyone who contracts with another person or entity to construct or make improvements to any building, highway, or public utilities, including grading, or who undertakes to superintend or manage such activities, be licensed as a general contractor if the work costs $30,000 or more.

A: It's not uncommon for contractors to ask for a down payment up front to secure your spot on their schedule or purchase some of the job materials in advance. Asking for more than half of the project cost up front, though, is a big red flag.I recommend tying payments to progress made during the job.

The maximum allowed is $10,000. Also, contractors that have provided materials and labor to property may have lien rights against the real property.

It is a common misconception that since the builder exam is open book, it is not difficult to pass. In actuality the North Carolina construction license exam is more difficult to pass than similar closed book exams due to the fact that you have books available as a resource during the contractor exam.

North Carolina Site Work Contractor Package

Description

Related Forms

How to fill out North Carolina Site Work Contractor Package?

Show more info

Form Rating

Form popularity

FAQ

Can a contractor ask for more money?

What is included in site work construction?

What percentage should you pay a contractor up front?

What is sitework in construction?

How much of a deposit should you give a contractor?

Do contractors have to be licensed in North Carolina?

Is it normal to pay a contractor half up front?

How much can a contractor ask for upfront in North Carolina?

How hard is the NC General Contractors exam?

Trusted and secure by over 3 million people of the world’s leading companies

North Carolina Site Work Contractor Package

Description

Related Forms

Related legal definitions

How to fill out North Carolina Site Work Contractor Package?

Show more info

Trusted and secure by over 3 million people of the world’s leading companies