Payment plan for shell construction - market-oriented?

It was similar with us. From my point of view, completely normal.

We have always received invoices from us after the completion of certain work, e.g. [Bodenplatte fertig], [Erdgeschoss gemauert], etc. We have never paid in advance and have only paid for what is physically on site.

Normally a payment - after completion.

You say it is normal for a contractor to just advance a six-figure amount for a private client? And then hope to get his money in 4 weeks? Can't be serious. Maybe if with a guarantee/irrevocable payment guarantee, but then the prices are completely different

You say it is normal that an entrepreneur just advances a six-figure amount for a private customer? And then hopes to get his money back in 4 weeks? Can't be serious.

But of course. For a shell construction, I would (and have) not accept more than one interim payment besides the final invoice.

Maybe I am misunderstanding it, but to me it looks like a normal payment plan. He receives something in return each time. Whenever a section is completed, he has to pay an amount x. The point of contract signing is somewhat awkwardly phrased. Here, you basically pay for the planning service.

If I am missing something or have misunderstood the post, then sorry.

But certainly. For a shell construction, I would (and have) not accept more than one interim payment besides the final invoice.

But that would already be 2 invoices. So you are contradicting yourself.

And then it would also be interesting when you think, with a contract amount of say 150k€, what amount of an interim invoice you consider appropriate. As said, if a guarantee is provided, yes, but then the final price will be completely different. Because this is exactly why the public sector builds so expensively: 1. because they are bad and 2. pay late. This results in risk surcharges/interest surcharges.

We agree, the current payment plan is, let's say, extremely in need of explanation. Just 10% after the contract, no.