Contractor Request for Payment - for use with a construction manager - Public Works - Administration - State of Idaho 2025

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Fixed price (sometimes referred to as lump sum billing) helps facilitate the bidding process since the total contract price is visible from the beginning. This can help construction companies plan to come in under budget, ensuring a higher profit margin by the projects end.
Common Ways to Pay Contractors Cash, Check, or Debit Card. If you have the money saved, you can pay general contractors near you with cash, a check, or a debit card. Credit Card. Paying by credit card is a solid option if youre making minor updates to your home. Home Improvement Loans. Home Equity Loans.
You pay for materials up front, after being provided a written estimate including the cost of said materials. Then a small percentage of labor is ok up front, 10-15%.
The most common type of construction payment is a net payment, meaning the invoice is due a set amount of days from the issue date. For longer projects, its typical to pay an upfront deposit and then to pay the contractor monthly until the job is finished.
Checks. Tried and true, checks are simple, relatively cheap, and theres no need to sign up for an app or money transfer service. ACH Transfers. Credit Cards. Wire Transfers. Online Payment Systems. Accounting Software and Automation. Freelancer Platforms.
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Before any checks are sent, contractors are asked to prove what has been completed, delivered, and more with a payment application. A payment application is a collection of documents requesting payment for completed work or materials in place.

contractor payment request form