Pre-Build Timeline & Progress Payments
Here's a rough idea of how long the overall build process for a double storey is likely to take and when Metricon will want some of your hard earned cash.
- So you've decided to go ahead with your build pay $1500 deposit then wait around 10 weeks while they do soil and site tests
- Prelim Contract pay another $1000
- 4 weeks to Final Contract (FC)
- Minimum 10-12 weeks until Site Start
- At this stage you should get a commitment from M as to how long they expect build to take - anywhere between 20-26 weeks or more
Progress Payments
- FC 5%
- Base Stage 10%
- Frame Stage 15%
- Enclosed Stage 35%
- Fixing Stage 20%
- Practical Completion 15%
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