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Is this permissable?

CaliforniaConstruction Accounting

I'm an electrical contractor. We design and build energy projects for home owners like pv, storage, generators. Also do service and other elec work. Supply chain struggles dictate that we have to purchase from many vendors now. New ones demand payment in full to ship. Huge strain on our cash. Have considered the usual deposit at signing of lesser of 10% or 1 k and then billing for the equipment we have to special order, minimally 4 business days after contract signing.

1 reply

Apr 25, 2022

Contact a Construction Law Attorney for a consultation. If you sign up with Legal Guard the first 30 minutes is free. 

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