Construction Payment Schedule
Construction Payment Schedule
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Project Name: [PROJECT NAME]
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Project Location: [PROJECT LOCATION]
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Contractor: [CONTRACTOR NAME]
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Client: [CLIENT NAME]
|
Payment Milestone |
Percentage of Total Contract Amount |
Amount Due (USD) |
Due Date |
|---|---|---|---|
|
Initial Deposit |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Foundation Completed |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Framing Completed |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Rough Plumbing and Electrical Installed |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Drywall Installed |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Interior Finishes |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Final Inspection |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
|
Final Payment |
[PERCENTAGE] |
[AMOUNT] |
[DATE] |
Total Contract Amount: [TOTAL CONTRACT AMOUNT]
Instructions for Use:
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Replace placeholders like "[PROJECT NAME]" with your specific project details.
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Fill in the percentages and amounts for each payment milestone according to your contract agreement.
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Input the due dates for each payment milestone.
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Calculate the total contract amount and insert it at the bottom.
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Review and adjust the payment schedule as necessary to align with your project timeline and payment terms.
