K2MSmith
Sustaining Member
The rigger I have been working with in the Bay Area seems to have some availability now after 6 month wait to replace the standing rigging ( navtec rod ) on my boat . The estimate is in the 10K range which includes removing the mast ( but no hail-out ) . I know this isn’t cheap but if you know the 33RH rig , it is a high-end rig .
They want 50% upfront for the project and they plan to invoice me weekly . It seems like this is sort-of a “time and materials” agreement with quite a bit of cash upfront.
Is this a common practice for marine industry agreement? I’m a little worried about committing that much cash upfront but I do understand they have to order the parts , pay the crane etc . I’ve already given them a deposit, get on their schedule to look at the project.
I’ve had to pay a large percentage up front for home construction projects ( like a new wood shingle roof ), but those projects had a formal contract that was pretty watertight.
Any ideas / suggestions ? Have any of you paid a rigger for a large project like this and what was your experience?
They want 50% upfront for the project and they plan to invoice me weekly . It seems like this is sort-of a “time and materials” agreement with quite a bit of cash upfront.
Is this a common practice for marine industry agreement? I’m a little worried about committing that much cash upfront but I do understand they have to order the parts , pay the crane etc . I’ve already given them a deposit, get on their schedule to look at the project.
I’ve had to pay a large percentage up front for home construction projects ( like a new wood shingle roof ), but those projects had a formal contract that was pretty watertight.
Any ideas / suggestions ? Have any of you paid a rigger for a large project like this and what was your experience?