Ohio Flooring Contract for Contractor

Assertively confront your contractor.When talking with the contractor, explain why you are unhappy with his work, and get him to sign a document detailing the solutions that you have both agreed on, so that if he flakes, you have written proof.

Unless there are custom or specialty orders for materials, the contractor cannot ask for more than 10% upfront before work starts.

Identifying/Contact Information. Title and Description of the Project. Projected Timeline and Completion Date. Cost Estimate and Payment Schedule. Stop Work Clause and Stop Payment Clause. Act of God Clause. Change Order Agreement. Warranty.

Payment Schedule In Your Contract Before 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.

You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.

Most general contractors are looking at about a 35% margin and so they need to a mark-up of 54%, or 1.54. Subs can often get a profit margin of 50%, so they need a mark-up of 100% or 2x, as the table on the right makes clear.

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.

Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.

Contractors, like all other taxpayers, owe use tax on their untaxed purchases of tangible personal property used in Ohio.Contractors and home remodelers do not collect sales tax on their work. They do however, pay sales tax on the supplies they purchase.