I normally avoid contractors like the plague; not based on my experience but my fathers. He went bankrupt from his largest job because the contractor ended up underbidding a huge government job. The contractors cut and ran and left all the subs hurting and my father had to shut the doors shortly after (this was back in the mid 2000s).
I just do stuff out of my garage and I've done local work for mom and pop ops. I do live next to a huge government installation and any work I've done for them was just GSA purchases, nothing huge.
This contractor reached out to me based on a Google search. I can't find much info on the contractor. They're based out of State and that's about it. The job is real simple and is less than $10k. I can't request for much info because the deadline for the contractor to RFI has passed by weeks. Most of what they're asking for is vague but understandable. I get the feeling this is a "uh, we missed this one detail" kinda thing. The packet they sent to me even said "not to exceed $25k". I don't think I'm bidding for the job. It seems like a normal purchase.
So my question is: I just have simple quotes. I have net 14 which in most if not all cases, the customer pays right when I deliver. I know prices are jumping up and down and every which way so I was going to add that the quote was only good for 14 days.
As far as payment. The job is only a few grand and probably the second largest job I've had. Do I put 100% up front? 50/50? I'd hate to try and ask for payment upon receipt. I know large companies NET30/60/90. My day job is 180 (*eyeroll*). It's a good few bucks in my pocket but I get the feeling it's going to be a struggle for payment. Especially since I've never dealt with this company before.
Thanks.
I just do stuff out of my garage and I've done local work for mom and pop ops. I do live next to a huge government installation and any work I've done for them was just GSA purchases, nothing huge.
This contractor reached out to me based on a Google search. I can't find much info on the contractor. They're based out of State and that's about it. The job is real simple and is less than $10k. I can't request for much info because the deadline for the contractor to RFI has passed by weeks. Most of what they're asking for is vague but understandable. I get the feeling this is a "uh, we missed this one detail" kinda thing. The packet they sent to me even said "not to exceed $25k". I don't think I'm bidding for the job. It seems like a normal purchase.
So my question is: I just have simple quotes. I have net 14 which in most if not all cases, the customer pays right when I deliver. I know prices are jumping up and down and every which way so I was going to add that the quote was only good for 14 days.
As far as payment. The job is only a few grand and probably the second largest job I've had. Do I put 100% up front? 50/50? I'd hate to try and ask for payment upon receipt. I know large companies NET30/60/90. My day job is 180 (*eyeroll*). It's a good few bucks in my pocket but I get the feeling it's going to be a struggle for payment. Especially since I've never dealt with this company before.
Thanks.