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Re: Contractors: Run Credit Checks for Questionable Customers?
Subject:Re: Contractors: Run Credit Checks for Questionable Customers? From:winday -at- home -dot- com (Win Day) To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Tue, 21 Aug 2001 23:17:50 GMT
On Fri, 17 Aug 2001 09:33:44 -0700 (PDT), in bit.listserv.techwr-l you
wrote:
>| > PS: If I demand 1/3 up front and 1/3 in the middle,
>| > he may balk.
>|
>| I am batting 1,000. Every time someone tell me not to worry about being
>| paid, I get stiffed on something.
>| Most business people understand the need for a substantial up front
>| payment.
>
>No they don't. I would never pay a contractor up front for work. Never,
>ever. How do I know the contractor won't take my money and just run and
>never do the job. Do you pay the plumber, lawyer, or doctor upfront? No.
>
Lump sum contracts for engineering services work traditionally pay a
substantial portion up front (10-25%), and the rest at various
milestones through the course of the project.
I ALWAYS structure my freelance contracts with money paid in
installments. I Depending on the size of the contract, I ask for:
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