Common use of Contract Price and Payments Clause in Contracts

Contract Price and Payments. Owner agrees to pay Contractor the total amount of $ (the “Contract Price”). Payment of this amount is subject to additions or deductions in accordance with any mutually agreed to changes and/or modifications in the Work. Payment will be made by (Check one) ☐ cash ☐ personal check ☐ cashier’s check money order ☐ credit card or debit card wire transfer ☐ other: , according to the following schedule: ☐ ☐ A deposit is NOT required. $ deposit, due upon the execution of this Agreement. ☐ ☐ There will be NO installment payments. Installment will be paid at set intervals. $ due ☐ every week ☐ every month ☐ other: ☐ Installments will be paid upon the completion of the following milestones: • $ due upon [Milestone] • $ due upon [Milestone] • $ due upon [Milestone] $ balance due upon completion of the Work.

Contract Price and Payments. Owner agrees to pay Contractor the total amount of $ (the “Contract Price”). Payment of this amount is subject to additions or deductions in accordance with any mutually agreed to changes and/or modifications in the Work. Payment will be made by (Check one) ☐ cash ☐ personal check ☐ cashier’s check money order ☐ credit card or debit card wire transfer ☐ other: , according to the following schedule: ☐ ☐ A deposit is NOT required. ☐ $ deposit, due upon the execution of this Agreement. ☐ ☐ There will be NO installment payments. ☐ ☐ ☐ ☐ Installment will be paid at set intervals. $ due ☐ every week ☐ every month ☐ other: ☐ Installments will be paid upon the completion of the following milestones: • $ due upon [Milestone] • $ due upon [Milestone] • $ due upon [Milestone] $ balance due upon completion of the Work.. ☐