We believe our staged payment process provides the foundation for trust throughout the project. It ensures client is only paying for the work as it is completed & the contractor is not at risk by completing too much of the project without receiving payment. We believe this is the best way to ensure both party’s are treated fairly during this transaction.
Unlike many other contractors, we do not require final payment upon completion of the job. As suggested by the Alberta government, the final 10% of the invoice should be held back ( 10% hold back ) for a minimum of 30 days to ensure no builders leans have been placed on the property by any unpaid sub trades.
For our projects, we require payment be provided in the form of a certified check or bank draft. We feel this ensures there are no surprises for either party ( Delayed cashing of cheque or bounces )