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<blockquote data-quote="Brad Weber" data-source="post: 73081" data-attributes="member: 114"><p>Re: Deposits?</p><p></p><p></p><p>I usually see exactly the opposite. I have a project bidding right now where site work construction has already started and they will probably be awarding the bids before the end of the year but the installation of the AV will likely really start around a year from now. They will get someone under Contract now, which locks in what is being provided and the cost, and will probably pay some fee upfront to cover getting the project into the system, getting Shop Drawings prepared, etc. but I doubt they will pay a large deposit upfront with the potential risk of that Contractor not being around a year from now, something I have had happen on multiple projects over the years.</p></blockquote><p></p>
[QUOTE="Brad Weber, post: 73081, member: 114"] Re: Deposits? I usually see exactly the opposite. I have a project bidding right now where site work construction has already started and they will probably be awarding the bids before the end of the year but the installation of the AV will likely really start around a year from now. They will get someone under Contract now, which locks in what is being provided and the cost, and will probably pay some fee upfront to cover getting the project into the system, getting Shop Drawings prepared, etc. but I doubt they will pay a large deposit upfront with the potential risk of that Contractor not being around a year from now, something I have had happen on multiple projects over the years. [/QUOTE]
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