Renovation Contract for Contractor - Colorado 2025

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Its not unusual. If you are not comfortable tell them you are willing to do 50% upon delivery of materials, balance upon completion.
In California, the relationship between businesses and independent contractors is subject to strict legal standards. As of January 1, 2025, having a written contract with certain types of independent contractors is required by law.
What Should You Not Say to a Contractor? Im not in a hurry I know a great roofer/electrician/cabinet installer! We had no idea this would be so expensive Why cant you work during the thunderstorm/snow/heat wave? Ill buy my own materials I cant pay you today. Ill pay upfront Im old school.
A contract with a home renovation contractor should include: a detailed scope of work, project timeline, payment schedule, change order process, contractors license and insurance information, warranty details, dispute resolution procedures, required permits, material specifications, and the signatures of both parties.
Up to a 50% Deposit Can Be Reasonable Almost every contractor charges a homeowner a deposit on a remodeling contract. Up to 50% of the total project cost can be reasonable, although 10% to 30% is more common.
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Yes, it is relatively common for contractors to request a deposit upfront, often around 10% to 50% of the total project cost. This deposit helps secure the contractors commitment to the project and covers initial costs.
For a small job 1/2 upfront and 1/2 on completion is normal. The contractor needs to be able to buy materials, set aside the time, etc. For a bigger job (more than a few days) you might pay in installments of 1/3 or 1/4 along the way.

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