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Jan
30
#6 TIP ON HOW TO HIRE A CONTRACTOR


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Set a Payment Schedule


Another important tip for hiring a contractor is to workout a payment schedule ahead of time. Payment schedules can speak to a contractor's financial status and work ethic. If they want more than half of the bid up front, they may have financial problems or be worried that you won't pay the rest after you've seen the work. For large projects, a schedule usually starts with 10-25 percent at contract signing, three payments of 25 percent evenly spaced over the duration of the project.