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Commonly Asked Questions about Michigan Contractor Forms

Businesses that provide goods and services to the State of Michigan are entitled to be paid promptly. The Prompt Payment Act (Public Act 279 of 1984) requires state departments to pay for goods and services within 45 days (unless otherwise agreed to).
A contractor must hold a current Michigan residential builders license or show evidence of ability to obtain a license within six months. A contractor must demonstrate a history of having performed work of the scope and type required for the development. Contractor Requirements - State of Michigan State of Michigan developers otherinformation State of Michigan developers otherinformation
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 $16,000 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.
To ensure that all work is completed in ance with the contract terms and your expectations, arrange to pay for only part of the work (generally one-third of the total contract price should suffice) up front and pay for the rest of the work once it is complete to your satisfaction. Building and Remodeling Advice for Homeowners - State of Michigan State of Michigan home-health building-and State of Michigan home-health building-and
Common Construction Deposit Structures 50/50 Deposit: Note that this will usually only be seen on smaller projects jobs like simple repairs or paint jobs, etc. An initial deposit is made to cover materials, permits, and possibly labor, while the final payment wraps up the profits and other expenses.
Contractors may ask for a portion of the total cost upfront to secure the scheduling, purchase materials, or pay subcontractors.
Michigan construction contract requirements Only residential construction contracts are regulated in Michigan. Such contracts must be in writing, include the contractors license number (if a license is required), and cite the statute that requires the contractor to be licensed for their particular trade. Michigan Construction Contracts Guide FAQs - Levelset Levelset construction-contracts mich Levelset construction-contracts mich
A Michigan independent contractor agreement establishes a business relationship between a business/individual/entity and a contractor. This legally binding document comprises terms and conditions negotiated by both parties. Michigan Independent Contractor Agreement - eForms eforms.com Independent Contractor eforms.com Independent Contractor