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Contractor payment schedule: What's fair? 💰

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  • kim_taehyung88
    Senior Member
    • Jan 2024
    • 818

    Contractor payment schedule: What's fair? 💰

    I think a fair schedule is 10-20% upfront as a deposit, then progress payments tied to milestones. Though, always keep a final payment for after everything’s done 💰📋.
  • Marich
    Senior Member
    • Jan 2024
    • 890

    #2
    Totally agree! 🚧 Best bet is def keeping a chunk (like 10-15%) till all’s done and dusted—helps make sure they wrap up properly and no loose ends. Milestones for big $$ payouts keep it all chill too. 💰

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