Home > categories > Machinery & Equipment > Excavators > when to pay contractors building a house?
Question:

when to pay contractors building a house?

Im building a new house and i am currently arranging to have the excavator contractor there to install septic and excavate for the foundation. Then im having the foundation contractor come in to do his job. I live in Nova Scotia if that makes any difference. Should any of these guys be asking for money up front or part way through? Or do they finish then bill me with 30 days to pay? Whats the normal procedure?

Answer:

I just built a house. I paid the architect after final billing and paid the contractor first a deposit, and from then on had a planned payment schedule of 3 sums with the successful completion of each stage as described in our contract. There was also a final payment for requested extras not included in our quote. Our builder is a very stand up guy.

Share to: