The document outlines a stage payment schedule for a home renovation project over 8 weeks. It includes 4 scheduled payments for completed phases of construction totaling £31,502.16 excluding VAT. A 5% retainer of £1,575.10 will be paid upon satisfactory completion of the project. The stages include excavation, foundations, framing, roofing, windows, plumbing, electrical, and finishes. Any changes to the project scope may impact the payment amounts or timing.
The document outlines a stage payment schedule for a home renovation project over 8 weeks. It includes 4 scheduled payments for completed phases of construction totaling £31,502.16 excluding VAT. A 5% retainer of £1,575.10 will be paid upon satisfactory completion of the project. The stages include excavation, foundations, framing, roofing, windows, plumbing, electrical, and finishes. Any changes to the project scope may impact the payment amounts or timing.
The document outlines a stage payment schedule for a home renovation project over 8 weeks. It includes 4 scheduled payments for completed phases of construction totaling £31,502.16 excluding VAT. A 5% retainer of £1,575.10 will be paid upon satisfactory completion of the project. The stages include excavation, foundations, framing, roofing, windows, plumbing, electrical, and finishes. Any changes to the project scope may impact the payment amounts or timing.
Hook Based on the projected build program the following stage payments will become due. Any changes to the build program may affect the payment profile. Start date 17th November 2014 8 Weeks project Date
Excluding VAT
Including VAT
Build phase(s) partially/entirely included
17/11/2014
8,027.26
9,632.71
Scaffolding, Enabling Works, Excavations &
Foundations, Foundation Masonry, Ground Floor
24/11/2014
14,564.42
17,477.30
Brickworks, Window, External Door, Bi Folding
Door & Roof Lantern, Structural Works and PC Sum for Bi Folding Door Blinds and Lantern Vent.
08/12/2014
3,999.00
4,798.80
Gutters & Rainwater Pipes, Carpentry & Joinery,
Built up Flat roofs, Plastering & Insulation
22/12/2014
3,336.38
4,003.65
Electrical, Heating, Plumbing First Fix, Painting &
Decorating, Sundry Fixings & Fasteners. Minus 5% retainer of contract project value.
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