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Ask the Experts > Partial prepayment

Is it usual for a contractor (roofer) to ask for 30% before starting a job?

May 27, 2015 | Unregistered Commenterawh

There is no set "rule of thumb" for deposits. Factors that influence the size of the deposit are whether the products supplied are special order, the degree of difficulty of the job, how busy the contractor is and total value of the work to name a few. For example a 30% deposit on a $100,000 job may be cause for concern while 30% of a $5000 job would appear to be reasonable.. More importantly, do you know and trust the person you are giving the deposit to ?

May 27, 2015 | Unregistered CommenterPaul Pettipas