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A: It's not uncommon for contractors to ask for a down payment up front to secure your spot on their schedule or purchase some of the job materials in advance. Asking for more than half of the project cost up front, though, is a big red flag.I recommend tying payments to progress made during the job.
If the contractor requests a large sum of money before work has begun, Mozen says you should ask specifically what types of work or materials those payments are covering.Contractors sometimes have other motives, other than purchasing materials, when they ask for large amounts of money in advance, Fowler says.
To apply for a CSL, you must have at least three years' worth of construction experience. CSL seekers must also pass a licensing exam before they can begin working on projects in the state. Both HIC licenses and construction supervisor licenses must be renewed every two years.
Massachusetts law prohibits a contractor requiring an initial deposit of over 33% of the total contract price unless special materials are ordered. Any contractor demanding over a 33% deposit should raise a huge red flag .
You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.
Unrestricted Construction Supervisors License (CSL) Covers construction, reconstruction, alteration, repair, removal, or demolition involving any activity regulated by the code for: 1. 35,000 cubic foot enclosed spaces.
A Restricted Massachusetts construction supervisor license that is specific to masonry only allows you to get work permits and perform work on masonry projects. A large percentage of the residential work done in the commonwealth of Massachusetts is masonry work, so this license can be convenient.
CSL. Construction Supervisor License +1variant.
Payment Schedule In Your ContractBefore any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn't be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they've even stepped foot in their home.
