How we collect payments?
To start the project, you need to pay an upfront deposit of 10% of the total cost. Before the work begins, the contractor may ask for 1% of the total cost, which is not refundable, for a technical visit. During the project, you will be asked to pay 35% of the total cost for the pre-construction stage, 35% for the pool installation, and 15% for the pool finishing stage. After the project is finished, a final inspection will be done and any necessary adjustments will be made. The remaining 5% balance of the total cost will be due at this stage.
Process
- Deposit: This is typically paid upfront to secure your installation date.
- Progress Payments: These payments are made at specific intervals throughout the installation process, such as after the excavation is complete or after the pool is installed.
- Final Payment: This is the remaining balance that is due after the installation is complete and the pool is ready for use.
Payment Schedule
- Upfront Deposit | 10% of total cost
(Payment of 1% prior technical visit is requested and is not refundable)
- Pre-Construction | 35% of total cost
- Pool Installation | 35% of total cost
- Pool Finishing | 15% of total cost
- Prior Final Inspection and Completion | Remaining 5% balance of total cost
**Prior to commencing any stage, the contractor may request a payment percentage of the total project cost.
- Deposit: A deposit of usually 10% of the total cost is required to secure the contract and begin the project. Necessary permits and approvals will be presented. Prior to commencing this stage, the contractor may request an upfront payment of 10% of the total project cost.
- Pre-Construction: At this stage, the site will be inspected again, and any necessary permits and approvals will be obtained. After permits approval, excavation will be completed. Prior to commencing this stage, the contractor may request a payment of 35% of the total project cost.
- Pool Installation: This is the main construction phase when the fiberglass pool is installed, including additional excavation, backfilling, and installing the pool shell. Prior to commencing this stage, the contractor may request a payment of 35% of the total project cost.
- Pool Finishing: This stage involves adding the finishing touches to the pool, such as plumbing, decking, landscaping, and any other custom features. Prior to commencing this stage, the contractor may request a payment of 15% of the total project cost.
- Final Inspection and Completion: Once the pool is complete, a final inspection will be conducted, and any necessary adjustments will be made. The remaining 5% balance of the total cost will be due at this stage.
Technical Visit
Before starting a fiberglass pool installation project, we require a technical visit to ensure that all information on the scope of work is correct and to provide an accurate quote for the project.
Please feel free to contact us if you have any questions or concerns regarding this payment requirement.
Frequently Asked Questions on Payments
Q: What is the upfront deposit required for a fiberglass pool installation? A: We require an upfront deposit of 10% of the total cost to secure the contract and begin the project. Prior to commencing the pre-construction stage, we may request an upfront payment of 10% of the total project cost.
Q: When is the pre-construction payment due? A: Prior to commencing the pre-construction stage, we may request a payment of 35% of the total project cost.
Q: When is the pool installation payment due? A: Prior to commencing the pool installation stage, we may request a payment of 35% of the total project cost.
Q: When is the pool finishing payment due? A: Prior to commencing the pool finishing stage, we may request a payment of 15% of the total project cost.
Q: When is the final payment due? A: The remaining 5% balance of the total cost is due upon completion of the project, after the final inspection and any necessary adjustments have been made.
Q: Are there any payment plan options available? A: We may offer payment plan options for certain projects. Please discuss this with us during the initial consultation to see if this is an option for your specific project.
Q: Are there any payment methods you do not accept? A: We prefer to accept payments in the form of check, bank transfer, or Zelle. However, we do not accept payments in cash or cryptocurrency.
Q: Do you offer any financing options for your projects? A: We can provide guidance and resources on financing options that may be available through third-party lenders.