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How much of a deposit do tradesmen normally require before starting work on a buildin

  • 13-05-2021 3:48pm
    #1
    Registered Users Posts: 15 ✭✭✭ backlanepipe


    How much of a deposit, as a percentage of the overall quote price, do tradesmen normally require before starting work on a building?


Comments

  • Moderators, Society & Culture Moderators Posts: 31,303 Mod ✭✭✭✭ Gumbo


    How much of a deposit, as a percentage of the overall quote price, do tradesmen normally require before starting work on a building?

    Depends on the job.
    Small domestic.
    Large building site.

    What are you getting done?


  • Registered Users Posts: 16,162 ✭✭✭✭ Sleeper12


    Small job like a boiler or heat pump they might want half up front. House extension will be much less but you could pay weekly payments on top of the deposit. For an extention it's important to make sure that you owe enough at the end of the job to get him to rectify any mistakes or snag list


  • Registered Users Posts: 2,098 ✭✭✭ scwazrh


    Company I work doing , mainly extension work charge 15% to book , fortnightly payments and 5% retention for 3 months -


  • Registered Users Posts: 10,929 ✭✭✭✭ Calahonda52


    How much of a deposit, as a percentage of the overall quote price, do tradesmen normally require before starting work on a building?

    The other ? is how much of a credit risk are you willing to take by paying someone who may do a runner.

    So how you pay the upfront deposit and what paperwork you require is important to consider

    I know there is another side to this equation but let's ask the question anyway.
    I have been on the wrong side of this equation: did salaried work for a company, never got paid, left, sued in court, got judgment, he still has not paid: 10 years on. Every time the sheriff goes out its 75 euro and he agrees to pay 25 euro a month.


  • Registered Users Posts: 15 ✭✭✭ backlanepipe


    Gumbo wrote: »
    Depends on the job.
    Small domestic.
    Large building site.

    What are you getting done?

    Blockwork around a small timber frame bungalow and fitting slates to same.


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  • Registered Users Posts: 2,098 ✭✭✭ scwazrh


    Blockwork around a small timber frame bungalow and fitting slates to same.

    Are they supplying materials ?Is it a company or one man band .what value is the project?


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