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Updated about 10 years ago on . Most recent reply
Financial Obligations After Firing Contractor
I am in the middle of flipping my 2nd property. I hired a contractor to perform all the work and it's just not working out with them. Slow work, not on time, excuse after excuse, etc.
they provided a written 6 week timeline to do the work. Yesterday started week 3 and I would say they are maybe 1-1.5 weeks into it based on their timeline.
The total labor cost is $9650. $750 to be paid at the end of each week and $5150 to be paid when the house is completed. I have paid them $1500 total for weeks 1 and 2. If I fire them today, what financial obligations do I owe them?
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Wayne Brooks
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Depends on all the exact language in your contract, default provisions, etc.