[I'mYourTourGuide]

Let's say I'm preparing to bid on my first commercial job.

I'm thinking (and hoping) I'd get paid at least every 30 days.

Do they give you money to get started off with? Like, let's say the bid is 100g and I have 120 days to complete. So would they give me 1/4 of it the first day of work to make payroll and purchase supplies?

 

[Herk]

[QUOTE"I'mYourTourGuide"]So would they give me 1/4 of it the first day of work to make payroll and purchase supplies?[/QUOTE]

Probably not. If you're doing that kind of work, you should have resources - agreements for charge accounts for your material, line of credit, etc.

 

[I'mYourTourGuide]

Probably not. If you're doing that kind of work, you should have resources - agreements for charge accounts for your material, line of credit, etc.

Well yea, we have charge accounts, 700+ credit scores, but you're talkin about $70k worth of water heaters here, lol. .

 

[user4]

Well yea, we have charge accounts, 700+ credit scores, but you're talkin about $70k worth of water heaters here, lol. .

Then you better have 70k worth of credit, because you're not getting anything down, and some jobs payout at 90 day intervals.