However, it’s a topic that’s better dealt with up front so everyone knows what to expect. The good news here at Parrot Bay Pools is that you are entering into an agreement with a reputable pool builder. The cost of your pool and your payment schedule should be clearly outlined—in writing—for you. You may also ask to review our agreement before placing your signature on the bottom line.
These written terms should include phased payments that dovetail with key construction phases such as excavation, gunite application, tile, and plaster. Typically, there will be a down payment and several additional payments throughout the construction process. The total number of payments will vary in accordance with any applicable state regulations.
Change orders should be explained to you, including why they are required and their associated costs. You should also receive details on acceptable methods of payment, to whom checks should be made out, and which individuals should receive the payments.
Be wary of anyone from your pool company or any subcontractor who asks for a cash payment. Sometimes, they will use a ploy, such as telling you a cash payment will enable them to give you a discount.
If your pool is financed, be sure you understand how the payments will work. If the checks are from a lender, ensure all required parties endorse the check. Prompt payments are vital to your construction timeline. They will help your builder achieve smooth scheduling and coordination of related logistics, such as ordering materials. And when everything goes as planned, it’s a win-win for everyone.
